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Can anyone give me the answers to the red boxes? Current Attempt in Progress Oriole Inc. is a construction company specializing in custom patios. The
Can anyone give me the answers to the red boxes? Current Attempt in Progress Oriole Inc. is a construction company specializing in custom patios. The patios are constructed of concrete, brick, fiberglass, and lumber, depending on customer preference On June 1, 2022, the general ledger for Oriole Inc contains the following data. $3,900 $31,800 Raw Materials Inventory Work in Process Inventory Manufacturing Overhead Applied Manufacturing Overhead Incurred $5,475 $34,600 Subsidiary data for Work in Process Inventory on June 1 are as follows. Job Cost Sheets Customer Job Cost Element Rodgers Stevens Linton $500 $700 $900 Direct materials Direct labor 300 600 600 375 750 Manufacturing overhead 750 $1.175 $2.050 $2.250 Question 1 of 1 1.1775 III During June, raw materials purchased on account were $4,700, and $5,000 of factory wages were paid. Additional overhead costs consisted of depreciation on equipment $1,000 and miscellaneous costs of $300 incurred on account A summary of materials requisition slips and time tickets for June shows the following Customer Job Materials Requisition Slips Time Tickets Rodgers $800 $900 Koss 1.900 900 Stevens 500 400 Linton 1300 1,200 200 400 Rodgers 4.700 3,800 1.400 1.200 General use $6.100 $5.000 Overhead was assigned to jobs at the same rate of $1.25 per dollar of direct labor cost throughout the year. The patios for customers Rodgers, Stevens, and Linton were completed during June and sold for a total of $17.400. Each customer paid in full at the time of sale (3) Finished Goods Inventory 9900 Work in Process Inventory 9900 (To record completion of jobs) Cash 17400 Sales Revenue 17400 (To record sale of goods) 9900 Cost of Goods Sold 9900 Finished Goods Inventory (To record the cost of goods sold) Assistance Us e Textbook and Media e Textbook 1
Can anyone give me the answers to the red boxes?
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