Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It do Exercise 15-3 Analysis of cost flows LO C2 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 $42,000 19,880 8,930 Job 103 $68,000 27,700 13,019 Job 104 $64,880 44,000 20,680 Job 102 was started in production in May and the following costs were assigned to it in May: direct materials, $10,000; direct labor, $3,500, and overhead, $1,645. 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? Answer is not complete. Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Req4 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? & Answer is not complete. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Reg 4 Complete the table below to calculate the cost of the raw materials requisitioned and direc each of the three jobs? Direct Materials Job May Total 52,000 102 10,000 $ $ 103 June 42,000 68,000 64,000 174,000 68,000 104 64,000 Total O 10.000 $ Direct Labor $ 184,000 Job May Total 3.500 23,500 June 20,000 27,700 44,000 91.700 103 104 Total 27.700 0 3,500 $ 44,000 95,200