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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. Direct materials Direct labor Overhead Job 602 $1,500 800 400 Job 603 $3,300 1,500 750 Job 604 $3,100 1,900 950 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? Total Job 602 $ 800 Job 603 Job 604 $ 3,300 $ 3,100 $ 7,200 May costs June costs Total Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 How much total direct labor cost is incurred in June? Job 602 Job 603 Job 604 Total May costs June costs Total 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 Required 1 Required 2 Required 3 Required 4 How much cost is transferred to finished goods inventory in June? Job Cost transferred to finished goods Costs of Ending WIP 602 603 Raw Direct Overhead Materials Labor Applied Total Cost $ 1,500 $ 800 $ 400 $ 2,700 3,300 1,500 750 5,550 3,100 1,900 950 5,950 $ 7,900 $ 4,200 $ 2,100 $ 14,200 604 Total

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