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journalize the transactions Case Inc. is a construction company specializing in custom patios. The patios are constructed of concrete, brick, fiberglass, and lumber, depending upon
journalize the transactions 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 $3,800 $4,800 Manufacturing Overhead Applied Manufacturing Overhead Incurred $35,800 $29,800 Subsidiary data for Work in Process Inventory on June 1 are as follows. Job Cost Sheets Customer Job Cost Element Rodgers Stevens Direct materials $500 $800 Direct labor 200 500 Manufacturing overhead 250 625 $950 $1,925 Linton $800 500 625 $1,925 During June, raw materials purchased on account were $4,700, and all wages were paid. Additional overhead costs consisted of depreciation on equipment $900 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 Time Slips Tickets $800 2,000 Rodgers Koss Stevens Linton Rodgers 400 1,200 300 4,700 1,300 $6,000 $800 800 300 1,200 400 3,500 1,100 $4,600 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 $19,900. Each customer paid in full
journalize the transactions
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