Question: Exercise 152 (Algo) Preparing job cost sheet and computing costs LO C1 The following information is from the materials requisitions and time tickets for Job



Exercise 152 (Algo) Preparing job cost sheet and computing costs LO C1 The following information is from the materials requisitions and time tickets for Job 9 completed by Great Bsy Boats. Materials requsitions are identified by code numbers starting with the letter M, and the time tickets start with T. Estimated (applied) ovorhead for Job 9 is 51,400 Prepare a job cost sheet for Job 9, which includes costs for direct materials, direct labor, overhead, and total cost. Following are simplified job cost sheets for three custom jobs at the end of June for Custom Patios. All jobs were started in June. Overhead is applied with a predetermined rate based on direct labor cost. Jobs 102 and 103 were finished in June, and Job 104 will be finished in July. 1. What was the total cost of direct materials requisitioned in June? 2. How much total direct labor cost wos incurred in June? 3. How much total cost is transferred to Finished Goods inventory in June? Complete this question by entering your answers in the tabs below. 1. What was the total cost of cirect materials reculationed in June? 2. How much toeal direct labor cost was incurred in June? Complete this question by entering your answers in the tabs below. 1. What was the total cost of direct materials requisitioned in June? 2. How much total direct labor cost was incurred in June? Complete this question by entering your answers in the tabs below. How much total cost is transferred to Finished Goods Inventory in June? - Red text indicates no response was expected in a cell or a formuia based calculation is incorrect; no points deducted
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