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. Req 1 and 2 Job 102 103 104 Total 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 Jab 102 103 Req3 104 Total Req 4 May May Direct Labor June June Ren 1 and < Prev Total Total Req 3 > 3 of 11 ⠀⠀ Next >
19 As of the end of June, the job cost sheets at Racing Wheels, Inc., show the following total costs accumulated on three custom jobs. Job 102 Job 103 $23,000 $61,000 Job 104 $ 54,000 41,000 13,000 27,500 4,030 8,525 12,710 Direct materials Direct labor Overhead applied Job 102 was started in production in May and the following costs were assigned to it in May: direct materials, $12,000; direct labor, $4,000; and overhead, $1,240. 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. Req 1 and 2 Job 102 103 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 104 Total Jab 102 Req 3 103 Req 4 May May Direct Labor June June Total Total Soun Check my work
01:56:10 Mc Graw Hill Book Hint Print References 182. Complete the table below to calculate the cost of the raw materials requisitioned and direct labor cost incurred during Jum 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. Req 1 and 2 Choose Numerator: Job 102 Using the accumulated costs of the jobs, what predetermined overhead rate is used? Overhead Rate / Choose Denominator: Job 103 Req 3 Job 104 7 1 7 1 Req 4 -- < Req 1 and 2 = . W Overhead Rate Overhead rate Overhead rate Overhead rate < Prev Req 4 > 3 of 11 E Next >
ellook Hint Print References Mc Graw Hill with à predetermined rate base Jobs 102 and 103 were finished in June, and Job 104 is expected to be finished in July. No raw materials were indirectly in June. Using this information, answer the following questions. (Assume this company's predetermined overhead rate 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 Juni 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. Req 1 and 2 Job Req 3 How much total cost is transferred to finished goods during June? Applied Direct Materials Direct Labor Cost Transferred to Finished Goods Overhead 102 103 104 Total Req 4 $ 23,000 $ 13,000 61,000 27,500 54,000 41,000 $ 81,500 Total Cost < Req 3 < Prev Rag 4 > 3 of 11 *** Next >
poinn 01:56:15 Mc Graw Hill eBook Print References HD Bera43. $1240 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 materiais were used indirectly in June. Using this information, answer the following poinn 01:56:15 Mc Graw Hill eBook Print References HD Bera43. $1240 Jobs 103 and 104 were started in June. Overhead cost
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