I have solved 95% of the problem and stuck in the blanks where I put question marks. I belive all four blanks have the same answer. its on the last part
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. Raw Materials Inventory Work in Process Inventory $4,500 $5,800 Manufacturing Overhead Applied Manufacturing Overhead Incurred $35.300 $34.500 Subsidiary data for Work in Process Inventory on June 1 are as follows. Job Cost Sheets Customer Job Cost Element Rodgers Stevens Direct materials $700 $700 Direct labor 400 600 Manufacturing overhead 500 750 $1,600 $2,050 Linton $800 600 750 $2,150 During June, raw materials purchased on account were $4,700, and all wages were paid. Additional overhead costs consisted of depreciation on equipment $800 and miscellaneous costs of $500 incurred on account. A summary of materials requisition slips and time tickets for June shows the following. Customer Job Rodgers Koss Stevens Linton Materials Requisition Slips $900 1,800 500 1,300 200 4,700 1,300 $6,000 Time Tickets $900 700 400 1.200 500 3.700 1.300 $5.000 Rodgers General use 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 $20.000. 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.) No. Account Titles and Explanation Debit Credit (1) Raw Materials Inventory 4700 Accounts Payable 4700 (To record purchase of raw materials) Factory Labor 5000 Cash 5000 (To record factory labor costs paid) Manufacturing Overhead 1300 Accumulated Depreciation-Equipment 800 Accounts Payable 500 (To record manufacturing overhead costs incurred) (2) Work in Process Inventory 4700 Manufacturing Overhead 1300 Raw Materials Inventory 6000 (To record assignment of direct materials) Work in Process Inventory 3700 Manufacturing Overhead 1300 Factory Labor 5000 (To record assignment of factory labor) Work in Process Inventory 4625 Manufacturing Overhead 4625 (To record assignment of manufacturing overhead) (3) Finished Goods Inventory Work in Process Inventory 7777777777777 (To record completion of jobs) Cash 20000 Sales Revenue 20000 (To record sale of goods) Cost of Goods Sold 777777777 Finished Goods Inventory (To record the cost of goods sold)
