As of the end of June, the job cost sheets at Racing Wheels, Inc., show the following total costs accumulated on three custom jobs. JOD 102 922,000 Diegt materials Direct labor Overhead applied JOB 103 $71,000 27.300 10.920 JOD 104 $55,000 41.000 16.400 Job 102 was started in production in May and the following costs were assigned to it in May: direct materials, $11.000; direct labor, $3,900; and overhead, $1,560. Jobs 103 and 104 were started in June. Overhead cost is applied with a predetermined rate based on direct labor cost. Jobs 102 and 103 were finished in June, and Job 104 is expected to be finished in July. No raw materials were used indirectly in June. Using this information, answer the following questions. (Assume this company's predetermined overhead rate did not change across these months) 1&2. Complete the table below to calculate the cost of the raw materials requisitioned and direct labor cost incurred during June for each of the three jobs? 3. Using the accumulated costs of the jobs, what predetermined overhead rate is used? 4. How much total cost is transferred to finished goods during June? Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Complete the table below to calculate the cost of the raw materials requisitioned and direct labor cost incurred during June for each of the three jobs? Direct Materials Job 102 103 104 Total Direct Labor 102 103 104 Total As of the end of June, the job cost sheets at Racing Wheels, Inc., show the following total costs accumulated on three custom jobs. Direct materiala Direct labor Overhead applied Job 102 $ 22,000 11,000 4.400 103 $71,000 27.300 10.920 104 $55,000 12.000 | 16, 400 Job 102 was started in production in May and the following costs were assigned to it in May: direct materials, $11.000; direct labor, $3.900; and overhead, $1,560. Jobs 103 and 104 were started in June. Overhead cost is applied with a predetermined rate based on direct labor cost. Jobs 102 and 103 were finished in June, and Job 104 is expected to be finished in July. No raw materials were used indirectly in June. Using this information, answer the following questions. (Assume this company's predetermined overhead rate did not change across these months.) 162. Complete the table below to calculate the cost of the raw materials requisitioned and direct labor cost incurred during June for each of the three jobs? 3. Using the accumulated costs of the jobs, what predetermined overhead rate is used? 4. How much total cost is transferred to finished goods during June? Complete this question by entering your answers in the ta below. Reg 1 and 2 Reg 3 Using the accumulated costs of the jobs, what predetermined overhead rate is used? Overheads Choose Denominator: Overhead Rate Choose Numerator: Job 102 Overhead rate Job 103 Overhead rate Job 104 Overhead rate As of the end of June, the job cost sheets at Racing Wheels, Inc., show the following total costs accumulated on three custom Jobs. Direct materials Direct labor Overhead applied Job 102 Job 103 Job 104 $ 22,000 $71,000 $55,000 11.000 27,30041,000 4.400 10.920 16.400 Job 102 was started in production in May and the following costs were assigned to it in May: direct materials, $11,000, direct labor. $3,900; and overhead. 51,560. Jobs 103 and 104 were started in June. Overhead cost is applied with a predetermined rate based on direct labor cost. Jobs 102 and 103 were finished in June, and Job 104 is expected to be finished in July. No raw materials were used indirectly in June. Using this information, answer the following questions (Assume this company's predetermined overhead rate did not change across these months) 182. Complete the table below to calculate the cost of the raw materials requisitioned and direct labor cost incurred during June for each of the three jobs? 3. Using the accumulated costs of the jobs, what predetermined overhead rate is used? 4. How much total cost is transferred to finished goods during June? Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Re4 How much total cost is transferred to finished goods during June? Job Applied Overhead Total Cont Cost Transferred to Finished Goods 102 103 Direct Materials $ 22,000 71.000 55.000 $ 148,000 Direct Labor 5 11.000 27.300 41.000 $ 79,300 104 Total