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A summary of materials requisition slips and time tickets for June shows the following and sold for a total of $20,000. Each customer paid in

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A summary of materials requisition slips and time tickets for June shows the following and sold for a total of $20,000. Each customer paid in full at the time of sale. indent manudity) No. Account Titles and Explanation Debit Credit (1) (To record purchase of raw materials) (To record factory labor costs paid) (To record manufacturing overhead costs incurred) (2) List of Accounts Post the entries to Work in Process imventory. (Post the entries to Work in Process Inventory in the order presented in the problem) Subsidiary data for Work in Process inventory on June 1 are as follows. During June, raw materials purchased en account were $4,700, and $5,000 of factory wages were paid. Additional overhesd costs combsted of depreciation on equipment $500 and miscelianeous costs of 5500 incurred on account. A summary of materials requisition slips and time tickets for June shows the following Prepare a cost of goods manufactured schedule for June. Roconcile the balance in Work in Process Inventory with the costs of unfinishd jots \begin{tabular}{|c|c|c|c|} \hline Costs of unfinished Job: & Direct Materials \$ & +Directlabor $ & + Marnufakturing Overhead \$ \\ \hline \end{tabular}

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