Case Inc. is a construction company specializing in custom patios. The patios are constructed of concrete, brick, fiberglass, and lumber, depending upon customer preference. On June 1, 2020, the general ledger for Case Inc. contains the following data. $ 35,600 Raw Materials Inventory $ 3,900 Work in Process Inventory $5,975 Manufacturing Overhead Applied Manufacturing Overhead Incurred $ 29,400 Subsidiary data for Work in Process Inventory on June 1 are as follows. Job Cost Sheets Customer Job Cost Element Rodgers Stevens Linton $ 700 $ 900 $1,000 Direct materials Direct labor 300 500 700 Manufacturing overhead 375 625 875 $ 1,375 $ 2,025 $ 2,575 During June, raw materials purchased on account were $4.600, and all wages were paid. Additional overhead costs consisted of depreciation on equipment $ 800 and miscellaneous costs of $ 400 incurred on account A summary of materials requisition slips and time tickets for June shows the following. Customer Job Materials Requisition Slips Time Tickets $ 900 Rodgers $ 700 Koss 1,800 700 Stevens 500 400 Linton 1,300 1.300 Rodgers 300 400 4,600 3,700 General use 1,500 1,200 $ 6,100 $ 4,900 Overhead was charged to jobs at the same rate of $ 1.25 per dollar of direct labor cost. The patios for customers Rodgers, Stevens, and Linton were completed during June and sold for a total of $ 18,500. Each customer paid in full. Journalize the Juns transactions: (1) for purchase of raw materials, factory labor costs incurred, and manufacturing overhead costs incurred: (2) assignment of direct materials, labor, and overhead to production and (3) completion of jobs and sale of goods Credit account titles are automatically indented when amount is entered. Do not indent manually No. Account Titles and Explanation Debit Credit Raw Material Inventory 4800 Accounts Payable 4800 (To record purchase of raw materials Factory Labor 4900 Cash 4900 (To record factory labor costs paid Menuturing Overhead 1200 Accumulated Depreciation Equipment 800 Accounts Payable 400 To record manufacturing overhead costs incurred) Work In Process Inventory 4500 Manufacturing Overhead 1500 Raw Material Inventory 6100 (To record assignment of direct materials Work In Process Inventory 3700 Manufacturing Overhead 1200 MI A TATA TAOTOA MIA JO IN JO OMO DIA DO Factory Labor 4900 To record assignment of factory labor) Work In Process Inventory 6500 Manufacturing Overhead 6500 To record assignment of manufacturing overhead) (3) Finished Coada Inventory 17400 Work In Process Inventory 17400 To record completion of jobs) Cash 18500 Sal Revenue 18500 (To record sale of goods) Cost of Goods Sold 17400 Finished Goods Inventory 17400 (To record the cost of goods sold)
