The computer workstation furniture manufacturing that Santana Rey started 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 $ 1,600 789 420 988 Job 683 Job 604 Direct materials $ 3,300 $ 3,888 Direct labor 1,400 1,500 Overhead applied 840 Job 602 was started in May, and the following costs were assigned to it in May: direct materials, $800; direct labor, $150; and overhead, $90. Jobs 603 and 604 were started in June. Overhead cost is applied with a predetermined rate as a percent of direct labor costs. Jobs 602 and 603 are finished in June, and Job 604 is expected to be finished in July. The company's predetermined overhead rate did not change over these months. Required: 1. What is the cost of direct materials used in June for each of the three jobs and in total? 2. What is the cost of direct labor used in June for each of the three jobs and in total? 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 direct materials used in June for each of the three jobs and in total? Job 602 $ 800 Job 603 $ Job 604 of $ Total 800 May costs 0 $ June costs Total Job 602 was started in May, and the following costs were assigned to It In May: direct materials, $800; direct labor, $150; and overhead, $90. Jobs 603 and 604 were started in June. Overhead cost is applied with a predetermined rate as a percent of direct labor costs. Jobs 602 and 603 are finished in June, and Job 604 is expected to be finished in July. The company's predetermined overhead rate did not change over these months. Required: 1. What is the cost of direct materials used in June for each of the three jobs and in total? 2. What is the cost of direct labor used in June for each of the three jobs and in total? 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 i Required 2 Required 3 Required 4 What is the cost of direct labor used in June for each of the three jobs and in total? Job 602 Job 603 Job 604 Total May costs June costs Total Direct materials Direct labor Overhead applied Job 602 $ 1,688 700 420 Job 603 $ 3,300 1,480 840 Job 604 $ 3,00 1,500 900 Job 602 was started in May, and the following costs were assigned to it in May: direct materials, $800; direct labor, $150; and overhead, $90. Jobs 603 and 604 were started in June. Overhead cost is applied with a predetermined rate as a percent of direct labor costs. Jobs 602 and 603 are finished in June, and Job 604 is expected to be finished in July. The company's predetermined overhead rate did not change over these months. Required: 1. What is the cost of direct materials used in June for each of the three jobs and In total? 2. What is the cost of direct labor used in June for each of the three jobs and in total? 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 Job 602 was started in May, and the following costs were assigned to it in May: direct materials, $800; direct labor, $150; and overhead, $90. Jobs 603 and 604 were started in June. Overhead cost is applied with a predetermined rate as a percent of direct labor costs. Jobs 602 and 603 are finished in June, and Job 604 is expected to be finished in July. The company's predetermined overhead rate did not change over these months. Required: 1. What is the cost of direct materials used in June for each of the three jobs and in total? 2. What is the cost of direct labor used in June for each of the three jobs and In total? 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 How much cost is transferred to finished goods inventory in June? Job Direct Materials Direct Labor Overhead Applied Total Cost Cost transferred to finished goods Costs of Ending WIP 602 603 604 Total
