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Required information Problem 2-1A (Algo) Computing job costs and overhead rate; assigning costs to inventory LO C1, P3 [The following information applies to the
Required information Problem 2-1A (Algo) Computing job costs and overhead rate; assigning costs to inventory LO C1, P3 [The following information applies to the questions displayed below] At the end of June, the job cost sheets at Ace Roofers show the following costs accumulated on three jobs. At June 30 nirect materials Act labor Overhead applied Job S $ 19,000 12,000 6,000 Job 6 $ 35,000 18,200 9,100. Job 7 $ 29,000 25,000 12,5007 Additional Information a. Job 5 was started in May, and the following costs were assigned to it in May: direct materials, $8,000; direct labor, $3,800; and applied overhead, $2,900. Job 5 was finished in June. b. Job 6 and Job 7 were started in June; Job 6 was finished in June, and Job 7 is to be completed in July. c. Overhead cost is applied with a predetermined rate based on direct labor cost. The predetermined overhead rate did not change across these months. Problem 2-1A (Algo) Part 2 2. What is the total cost of direct labor used in June? Answer is complete but not entirely correct. Direct labor used in June 8,200
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