Required information [The following information applies to the questions displayed below.] At the end of June, the job cost sheets at Ace Roofers show the following costs accumulated on three jobs. At June 30 Direct materials Direct labor Overhead applied Additional Information Job 5 $ 16, 200 9,200 4,600 Job 6 $ 33,600 15,400 7,700 Job 7 $ 27,600 22, 200 11,100 a. Job 5 was started in May, and the following costs were assigned to it in May: direct materials, $6,600; direct labor, $2,400; and applied overhead, $1,500. Job 5 was finished in June. b. Job 6 and Job 7 were started in June; Job 6 was finished in June, and Job 7 is to be completed in July. c. Overhead cost is applied with a predetermined rate based on direct labor cost. The predetermined overhead rate did not change across these months. -quired: What is the total cost of direct materials requisitioned in June?
Required information [The following information applies to the questions displayed below.] At the end of June, the job cost sheets at Ace Roofers show the following costs accumulated on three jobs. At June 30 Direct materials Direct labor Overhead applied Additional Information Job 5 $ 16, 200 9,200 4,600 Job 6 $ 33,600 15,400 7,700 Job 7 $ 27,600 22, 200 11,100 a. Job 5 was started in May, and the following costs were assigned to it in May: direct materials, $6,600; direct labor, $2,400; and applied overhead, $1,500. Job 5 was finished in June. b. Job 6 and Job 7 were started in June; Job 6 was finished in June, and Job 7 is to be completed in July. c. Overhead cost is applied with a predetermined rate based on direct labor cost. The predetermined overhead rate did not change across these months. -quired: What is the total cost of direct materials requisitioned in June?
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter4: Accounting For Factory Overhead
Section: Chapter Questions
Problem 9P: Channel Products Inc. uses the job order cost system of accounting. The following is a list of the...
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Required information
[The following information applies to the questions displayed below.]
At the end of June, the job cost sheets at Ace Roofers show the following costs accumulated on three
jobs.
At June 30
Direct materials
Direct labor
Overhead applied
Additional Information
Job 5
$ 16,200
9,200
4,600
Job 6
$ 33,600
15,400
7,700
Job 7
$ 27,600
22, 200
11,100
a. Job 5 was started in May, and the following costs were assigned to it in May: direct materials,
$6,600; direct labor, $2,400; and applied overhead, $1,500. Job 5 was finished in June.
b. Job 6 and Job 7 were started in June; Job 6 was finished in June, and Job 7 is to be completed in
July.
Direct materials requisitioned in June
c. Overhead cost is applied with a predetermined rate based on direct labor cost. The
predetermined overhead rate did not change across these months.
Required:
1. What is the total cost of direct materials requisitioned in June?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F53d3adc2-90c2-4967-b08b-fcfa05352e69%2F4ac5fdc9-fb65-4fac-8721-52ebf953e439%2Fp2y7ru_processed.png&w=3840&q=75)
Transcribed Image Text:!
Required information
[The following information applies to the questions displayed below.]
At the end of June, the job cost sheets at Ace Roofers show the following costs accumulated on three
jobs.
At June 30
Direct materials
Direct labor
Overhead applied
Additional Information
Job 5
$ 16,200
9,200
4,600
Job 6
$ 33,600
15,400
7,700
Job 7
$ 27,600
22, 200
11,100
a. Job 5 was started in May, and the following costs were assigned to it in May: direct materials,
$6,600; direct labor, $2,400; and applied overhead, $1,500. Job 5 was finished in June.
b. Job 6 and Job 7 were started in June; Job 6 was finished in June, and Job 7 is to be completed in
July.
Direct materials requisitioned in June
c. Overhead cost is applied with a predetermined rate based on direct labor cost. The
predetermined overhead rate did not change across these months.
Required:
1. What is the total cost of direct materials requisitioned in June?
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