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Concept explainers
The computer workstation furniture manufacturing that Santana Rey started in January is progressing well. As of the end of June, Business Solutions's
Job 602 was started in production in May, and these costs were assigned to it in May: direct materials, $600; direct labor, $180; and
Required
1. What is the cost of the raw materials used in June for each of the three jobs and in total?
2. How much total direct labor cost is incurred in June?
3. What predetermined overhead rate is used in June?
4. How much cost is transferred to Finished Goods Inventory in June?
Check (1) Total materials, $6,900 (3) 50%
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Chapter 19 Solutions
Connect Access Card for Fundamental Accounting Principles
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