serial problem 15

SERIAL Business Sol P1 P2 en problem beim Charter and comes thrown o f the book of r a chapter we were mor completed the serial problem can begin at this point The computer workstation furniture manufacturing that Santana Rey started in January ng well. As of the end of June, Business Solutions sob cost sheets show the following totul accumulated on three furniture jobs. Job 602 ob 603 Job 604 Duet materials Director Overhead 51.500 BOO 400 $3,300 1.420 710 $2,700 2,100 1,050 Job 602 was started in production in May, and these costs were assigned to it in May direct materials 5000 direct labor. SIBO and overhead. 590 Jobs 603 and 604 were started in June. Overend cost applied with a predetermined rate based on direct labor costs Jobs 602 and 603 are finished in June and O 004 is expected to be finished in July. No raw materials are used indirectly in June assume this com pany's predetermined overhead rate did not change over these months) Required 1. What is the cost of the raw materials used in June for each of the three jobs and in our 2. How much total direct labor cost is incurred in June 3. What predetermined overhead rate is used in June? 4. How much cost is transferred to Finished Goods Inventory in June