As of the end of June, the job cost sheets at Racing Wheels, Inc., show the following total costs accumulated on three custom jobs.

	Job 102	Job 103	Job 104
Direct materials	$ 30,000	$ 66,000	$ 54,000
Direct labor	16,000	28,400	42,000
Overhead	8,000	14,200	21,000

Job 102 was started in production in May and the following costs were assigned to it in May: direct materials, $12,000; direct labor, $3,600; and overhead, $1,800. Jobs 103 and 104 are started in June. Overhead cost is applied 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. No raw materials are used indirectly in June. Using this information, answer the following questions. (Assume this companys predetermined overhead rate did not change across these months).

1.	What is the cost of the raw materials requisitioned in June for each of the three jobs? (Omit the "$" sign in your response.)

Job 102	$
Job 103	$
Job 104	$

2.	How much direct labor cost is incurred during June for each of the three jobs? (Omit the "$" sign in your response.)

Job 102	$
Job 103	$
Job 104	$

3.	What predetermined overhead rate is used during June? (Omit the "%" sign in your response.)

Predetermined overhead rate

%

4.	How much total cost is transferred to finished goods during June? (Omit the "$" sign in your response.)

Total transferred cost

$