Following are simplified job cost sheets for three custom jobs at the end of June for Custom
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Question:
Following are simplified job cost sheets for three custom jobs at the end of June for Custom Patios.
Job Number
Materials $
Labor
Overhead
Job Number
Materials $
Labor
Overhead
Job Number
Materials $
Labor
Overhead
All jobs were started in June. Overhead is applied with a predetermined rate based on direct labor cost. Jobs and were finished in June, and Job will be finished in July.
What was the total cost of direct materials requisitioned in June?
How much total direct labor cost was incurred in June?
How much total cost is transferred to Finished Goods Inventory in June?
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