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Overhead was assigned to jobs at the same rate of $1.25 per dollar of direct labor cost throughout the year. The patios for customers Rodgers,

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Overhead was assigned to jobs at the same rate of $1.25 per dollar of direct labor cost throughout the year. The patios for customers Rodgers, Stevens, and Linton were completed during June and sold for a total of $18.800. Each customer paid in full at the time of sale. (a) Journalize the June transactions: (1) 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. (List all debit entries before credit entries Credit account titles are automatically Indented when amount is entered. Do not indent manually) No. Account Titles and Explanation Debit Credit 11 To record purchase of raw materials) consisted of depreciation on equipment 5800 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 Materials Requisition Slips $800 1.900 Time Tickets $800 Koss 800 Stevens 600 300 Linton 1.200 1.000 Rodgers 400 300 4.900 3,200 General use 1.600 1.300 $6,500 $4,500 Overhead was assigned to jobs at the same rate of $125 per dollar of direct labor cost throughout the year. The patios for customers Rodgers, Stevens, and Linton were completed during June and sold for a total of $18.800. Each customer paid in full at the time of sale Account Titles and Explanation Debit Credit ) (To record purchase of raw materials) (To record factory labor costs paid) (To record manufacturing overhead costs incurred) To record assignment of direct materials) To record assignment of factory labor) o RI 73F Raining ne 2 -aded) on 1 of 1 > (To record completion of jobs) (To record sale of goods) (To record the cost of goods sold) e Textbook and Media

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