Question: ks here on the Help Save & Exit Subenit 4 The computer workstation furniture manufacturing Business Solutions's job cost sheets show the following total costs
ks here on the Help Save & Exit Subenit 4 The computer workstation furniture manufacturing Business Solutions's job cost sheets show the following total costs accumulated on three furniture jobs that Santana Rey started in January is progressing well As of the end of June $1,700 1,00 Direct labor 1,340 Job 602 was started in production in May, and these costs overhead, $100 Jobs 603 and 604 were started in June. Overhead were assigned to it in May: direct materials, $500, direct labor, $250, and cost is applied with a predetermined rate based on direct labor to be finished in July. No raw materials are used indirectly in costs. Jobs 602 and 603 are finished in June, and Job 604 is expected this company's predetermined overhead rate did not change over these months) Required: 1 wnat s the cost ofthe rawaeras seclin June for each of the three obs and in totaln 3. What predetermined overhead rate is used in June? 4. How much cost is transferred to finished goods inventory in June? O Type here to search Ch 1
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