Pharoah Inc. is a construction company specializing in custom patios. The patios are constructed of concrete, brick, fiberglass, and lumber, depending on customer preference. On June

$1$

$,$

$2$

$0$

$2$

$5$

$,$

$$the general ledger for Pharoah Inc. contains the following data.

Raw Materials Inventory

Work in Process Inventory

$

$3$

$,$

$9$

$0$

$0$

$

$5$

$.$

$6$

$7$

$5$

Manufacturing Overhead Applied

Manufacturing Overhead Incurred

$

$3$

$0$

$.$

$7$

$0$

$0$

$

$3$

$2$

$.$

$0$

$0$

$0$

Subsidiary data for Work in Process Inventory on June

$1$

$$are as follows.

Job Cost Sheets

Cost Element

Direct materials

Direct labor

Manufacturing overhead

Rodgers

$

$5$

$0$

$0$

$4$

$0$

$0$

$5$

$0$

$0$

$

$1$

$,$

$4$

$0$

$0$

Customer Job

Stevens

$

$8$

$0$

$0$

$5$

$0$

$0$

$6$

$2$

$5$

$

$1$

$.$

$9$

$2$

$5$

Linton

$

$1$

$.$

$0$

$0$

$0$

$6$

$0$

$0$

$7$

$5$

$0$

$

$2$

$.$

$3$

$5$

$0$

During June, raw materials purchased on account were $

$5$

$,$

$0$

$0$

$0$

$,$

$$and $

$5$

$,$

$0$

$0$

$0$

$$of factory wages were paid. Additional overhead costs consisted of depreciation on equipment $

$1$

$,$

$0$

$0$

$0$

$$and miscellaneous costs of $

$4$

$0$

$0$

$$incurred on account.

A summary of materials requisition slips and time tickets for June shows the following.

Customer Job

Materials Requisition Slips

Rodgers

Koss

Stevens

Linton

Rodgers

General use

Time Tickets

$

$9$

$0$

$0$

$1$

$.$

$8$

$0$

$0$

$6$

$0$

$0$

$1$

$.$

$4$

$0$

$0$

$3$

$0$

$0$

$5$

$.$

$0$

$0$

$0$

$1$

$.$

$4$

$0$

$0$

$

$6$

$,$

$4$

$0$

$0$

$

$9$

$0$

$0$

$8$

$0$

$0$

$4$

$0$

$0$

$1$

$.$

$3$

$0$

$0$

$4$

$0$

$0$

$3$

$,$

$8$

$0$

$0$

$1$

$.$

$2$

$0$

$0$

$

$5$

$.$

$0$

$0$

$0$

Overhead was assigned to jobs at the same rate of $

$1$

$.$

$2$

$5$

$$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 $

$2$

$0$

$,$

$8$

$0$

$0$

$.$

$$Each customer paid in full at the time of sale.

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

Torecord nurchase of raw marerials!

$($

To record factory labor costs paid

$)$

$($

To record manufacturing overhead costs incurred

$)$

$($

$2$

$)$

$($

To record assignment of direct materials

$)$

$($

To record assignment of factory labor

$)$

$($

To record assignment of manufacturing overhead

$)$

$($

$3$

$)$

$($

To record completion of jobs

$)$

$($

To record sale of goods

$)$

$($

To record the cost of goods sold

$)$

Post the entries to Work in Process Inventory. $($Post the entries to Work in Process Inventory in the order presented in the problem.$)$

Work in Process Inventory

$6/1$

June

$6/30$