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question the computer workstation furniture manufacturing that adrialopez started in 4290345

Question

The computer workstation furniture manufacturing that AdriaLopez started in January is progressing well. As of the end ofJune, Success Systems' job cost sheets show the following totalcosts accumulated on three furniture jobs. Job 6.02 Job 6.03 Job6.04 direct materials $1,500 $3,300 $2,700 direct labor 800 1,4202,100 overhead 400 710 1,050 Job 6.02 was started in production inMay, and these costs were assigned to it in May: direct materials,$600; direct labor, $180; and overhead, $90. Jobs 6.03 and 6.04were started in June. Overhead cost is applied with apredertermined rate based on direct labor costs. Jobs 6.02 and 6.03are finished in June, nad Job 6.04 is expected to be finished inJuly. No raw materials are used indirectly in June. (Assume thiscompany's predetermined overhead rate did not change over thesemonths). Required: 1. What is the cost of the raw materials used inJune for each of the three jobs and in total? 2. How much totaldirect labor cost is incurred in June? 3. What predeterminedoverhead rate is used in June? 4. How much cost is transferred tofinished goods inventory in June?

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