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The computer workstation furniture manufacturing that Santana Rey started in January is progressing well. As of the end of June, Business Solutions's job cost sheets

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The computer workstation furniture manufacturing that Santana Rey started in January is progressing well. As of the end of June, Business Solutions's job cost sheets show the following total costs accumulated on three furniture jobs. Job 602 $1,300 Direct materials Direct labor Job 603 $3,100 1,409 700 Job $3,200 2,100 1,050 45e Job 602 was started in production in May, and these costs were assigned to it in May, direct materials, $700; direct labor, $250; and overhead, $125, Jobs 603 and 604 were started in June. Overhead cost is applied with a predetermined rate based on direct labor costs. Jobs 602 and 603 are finished in June, and Job 604 is expected to be finished in July. No raw materials are used indirectly in June. (Assume this company'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 total? 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? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 What is the cost of the raw materials used in June for each of the three jobs and in total? Job 602 Job 603 Job 604 Total May costs June costs Total Proy 1 of 12 !!! Next > blems Help Direct materials Direct labor Overhead Job 602 $1,300 900 Job 603 $3,100 1,400 Job 604 $3,200 2.100 1, ose 45e 700 Job 602 was started in production in May, and these costs were assigned to it in May: direct materials. $700direct labor, $250; and overhead, $125. Jobs 603 and 604 were started in June. Overhead cost is applied with a predetermined rate based on direct labor costs. Jobs 602 and 603 are finished in June, and Job 604 is expected to be finished in July. No raw materials are used indirectly in June. (Assume this company'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 total? 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? Complete this question by entering your answers in the tabs below Required 1 Required Required 3 Required 4 Total How much total direct labor cost is incurred in June? Job 602 Job 603 Job 604 May costs Jun costs Total Required 1 Required 3 > Proy Prey 1 of 12 Next > Direct materials Direct labor Overhead Job 602 $1,300 900 Job 603 $3.169 1.400 Job 604 $3,200 2.100 1,050 450 700 Job 602 was started in production in May, and these costs were assigned to it in May: direct materials, $700: direct labor, $250; and overhead, $125. Jobs 603 and 604 were started in June. Overhead cost is applied with a predetermined rate based on direct labor costs. Jobs 602 and 603 are finished in June, and Job 604 is expected to be finished in July. No raw materials are used indirectly in June. (Assume this company'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 total? 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? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 What predetermined overhead rate is used in June? Predetermined overhead rate Ules Help Job 602 $1,300 Direct materials Direct labor Overhead Job 603 53.100 1.400 900 Job 604 $3,200 2.100 1,050 700 Job 602 was started in production in May, and these costs were assigned to it in May: direct materials. $700: direct labor. $250, and overhead, $125. Jobs 603 and 604 were started in June. Overhead cost is applied with a predetermined rate based on direct labor costs. Jobs 602 and 603 are finished in June, and Job 604 is expected to be finished in July. No raw materials are used indirectly in June. Assume this company'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 total? 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? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Received 4 How much cost is transferred to finished goods inventory in June? Job Raw Materials Direct Labor Overhead Applied Total Cost Cost transferred Costs of to finished goods Ending WIP 602 Prey 1 of 12 !!! Next >

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