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ileyPLUS North Carolina A&T State University Mail Strategic Project: NETFLIX Strategic Project: NETFLIX-Google Docs Return to Blackboard Weygandt, Managerial Accounting, 8e CALCULATOR PRINTER VERSION BACK
ileyPLUS North Carolina A&T State University Mail Strategic Project: NETFLIX Strategic Project: NETFLIX-Google Docs Return to Blackboard Weygandt, Managerial Accounting, 8e CALCULATOR PRINTER VERSION BACK NEXT ASSIGNMENT RESOURCES CHAPTER TWO HOMEWORK Problem 2-3A (Video) 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. Problem, 2- 1A (Video Problem 2 Raw Materials Inventory Work in Process Inventory $3,800 $5,775 Manufacturing Overhead Applied Manufacturing Overhead Incurred $34,900 $30,800 Subsidiary data for Work in Process Inventory on June 1 are as follows. A (Video) Prablerm 2- Job Cost Sheets Customer Job Review Score Rodgers Cost Element Direct materials Direct labor Manufacturing overhead Stevens Linton Results by Study $700 300 375 $700 $1,000 600 600 $1.375 5305 $2,050 $2,350 During June, aw materials purchased on account were 55,100, and all wages ere paid. Additional overhead costs consisted of depreciation on equipment $900 and miscellaneous costs of $400 incurred on A summary of materials requisition slips and time tickets for June shows the following. Customer Job Materials Requisition Slips Time Tickets $700 2,200 500 $900 800 300 1,200 300 3,500 1,200 $4,700 Rodgers Koss Linton Rodgers 5,100 1,600 $6,700 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 $20,600. 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) assiqnment of direct materials, labor, and overhead to
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