Answer:
Instructions are listed below
Explanation:
Giving the following information:
Job 102 began production in May:
Direct materials $6,000
Direct labor $1,800
Overhead $900.
June:
Job 102
Direct Materials $15,000 - 6000= 9,000
Direct Labor 8,000
Overhead 4,000
Job 103
Direct Materials $33,000
Direct Labor 14,200
Overhead 7,100
Job 104
Direct Materials $27,000
Direct Labor 21,000
Overhead 10,500
One applies overhead costs with a predetermined rate based on direct labor cost. Jobs 102 and 103 are finished in June, and Job 104 is expected to be finished in July.
A) Direct material requisioned=
Job 102= 9,000
Job 103= 33,000
Job 104= 27,000
B) Direct labor:
Job 102= 8,000
Job 103= 14,200
Job 104= 21,000
C) Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= (4000 + 7100 + 10500)/(8000 + 14200 + 21000)= 0.5 per direct labor hour.
D) Total cost= Job 102 + Job 103
TC= $81,300