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Problem 15-3A Case Inc. is a construction company specializing in custom patios. The patios are constructed of concrete, brick, fiberglass, and lumber, depending upon customer
Problem 15-3A 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, 2017, the general ledger for Case Inc. contains the following data Raw Materials Inventory $41662 Manufacturing Overhead Applied $36.230 Work in Process Inventory Manufacturing overhead Incurred $35,132 Subsidiary data for Work in Process Inventory on June 1 are as follows. Job Cost Sheets Direct materials $666 $888 $999 Direct labor 355 599 749 805 Manufacturing overhead $2236 2,448 During June, raw materials purchased on account were $5,439, and all wages were paid. Additional overhead costs consisted of depreciation on equipment $999 and miscellaneous costs of $444 incurred on account. A summary of materials requisition slips and time tickets for June shows the following. Materials Job Tickets Rodgers $888 $944 2,220 888 Stevens 555 ,443 1.332 Linton 333 5,439 3,99 66S General use $7.104 $5,329 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 $20,979. Each customer paid in full. 2 Your answer is partially correct. Try again
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