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, 2017, the general ledger for Case Inc. contains the following data.

Raw Materials Inventory $ 4,998 Manufacturing Overhead Applied $ 38,842

Work in Process Inventory $ 6,593 Manufacturing Overhead Incurred $ 37,664

Subsidiary data for Work in Process Inventory on June 1 are as follows.

Job Cost Sheets

Customer Job

Cost Element

Rodgers

Stevens

Linton

Direct materials $ 714 $ 952 $ 1,071

Direct labor 381 643 690

Manufacturing overhead 476 803 863

$ 1,571 $ 2,398 $ 2,624

During June, raw materials purchased on account were $ 5,831 , and all wages were paid. Additional overhead costs consisted of depreciation on equipment $ 1,071 and miscellaneous costs of $ 476 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 $ 952 $ 1,012

Koss 2,380 952

Stevens 595 428

Linton 1,547 1,428

Rodgers 357 464

5,831 4,284

General use 1,785 1,428

$ 7,616 $ 5,712

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 $ 22,491 . Each customer paid in full.

Journalize the June 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. Round answers to 0 decimal places, e.g. 2,500.)

No.

Account Titles and Explanation

Debit

Credit

(1)

Raw Materials Inventory

5831

Accounts Payable

5831

(To record purchase of raw materials)

Factory Labor

5712

Cash

5712

(To record factory labor costs paid)

Manufacturing Overhead

1547

Accumulated Depreciation-Equipment

1071

Accounts Receivable

476

(To record manufacturing overhead costs incurred)

(2)

Work in Process Inventory

5831

Manufacturing Overhead

1785

Raw Materials Inventory

7616

(To record assignment of direct materials)

Work in Process Inventory

4284

Manufacturing Overhead

1428

Factory Labor

5712

(To record assignment of factory labor)

Work in Process Inventory

5355

5355

(To record assignment of manufacturing overhead)

(3)

Finished Goods Inventory

17542

Work in Process Inventory

17542

(To record completion of jobs)

Cash

22491

Sales Revenue

22491

(To record sale of goods)

Cost of Goods Sold

17542

Finished Goods Inventory

17542

(To record the cost of goods sold)

SHOW LIST OF ACCOUNTS

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Post the entries to Work in Process Inventory. (Round answers to 0 decimal places, e.g. 2,500.)

Work in Process Inventory

6/1

June

6/30

SHOW LIST OF ACCOUNTS

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Reconcile the balance in Work in Process Inventory with the costs of unfinished jobs. (Round answers to 0 decimal places, e.g. 2,500.)

Costs of unfinished Job: Direct Materials $

+ Direct Labor $

+ Manufacturing Overhead $

= $

SHOW LIST OF ACCOUNTS

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Prepare a cost of goods manufactured schedule for June. (Round answers to 0 decimal places, e.g. 2,500.)

CASE INC.

Cost of Goods Manufactured Schedule

$

$

:

$