Problem 15-3A Case Inc. is a construction company specializing in custom patios. The patios are constructed of concrete, brick, fiberglass, and lumber, depend ing upon customer preference. On June Case Inc. contains the following data 2017, the general ledger for Raw Materials Inventory $5,166 Manufacturing Overhead Applied $40,147 Work in Process Inventory $6,814 Manufacturing Overhead Incurred $38,930 Subsidiary data for Work Process Inventory on June 1 are as follows. Job Cost Sheets Customer Job Cost Element Rodgers Stevens Linton Direct materials $738 $984 $1,107 Direct labor 394 664 713 Manufacturing overhead 492 830 892 $1.624 $2,478 $2,712 During June, raw materials purchased account were $6,027, and all wages were paid. Additional overhead costs consisted of depreciation on equipment $1,107 and miscellaneous costs of s492 incurred on account A summary of materials requisition slips and time tickets for June shows the following. Materials Requisition Slips Time Customer Job Tickets Rodgers $984 $1,046 2,460 984 Koss Stevens 615 443 1,599 Linton 1,476 369 Rodgers 480 6,027 4,429 Gr 1,845 1,476 USE $5,905 $7,872 d to jobs at the same rate of $1.25 per dollar of direct labor cost. The patios for customers Rodgers, Stevens, Overhead Li were completed during June and sold for a total of $23,247. Each CLUstomer pald in full. Journalize the June transactions: (1) for purchase and (3) completion of jobs and sale f raw materials, factory labor costs incurred, and manufacturing overhead costs incurred; (2) assignment of direct materials, labor, and overhead t production; 0 decimal places, e.g. 2,500.) goods. (Credit account titles are automatically indented when amount entered. Do not indent manually. Round answers No. Account Titles and Explanation Debit Credit (1) Raw Materials Inventory 6027 Accounts Payable 6027 (To record purchase of raw materials) Factory Labor 1771 Cash 1771 (To record factory labor costs paid) Manufacturing Overhead 40147 Accumulated Depreciation-Equipment 900 Accounts Payable 38930 (To record manufacturing overhead costs incurred) (2. Work in Process Inventory 4900 TManufacturing Overhead 1500 Raw Materials Inventory 6400 (To record assignment of direct materials) Work in Process Inventory 3600 Manufacturing Overhead 1200 Factory Labor 4800 TO recora asSignment or tactory laDary Work in Process Inventory 4500 Manufacturing Overhead 4500 (To record assignment of manufacturing overhead) ) Finished Goods Inventory 14740 Work in Process Inventory 14740 (To record completion of jobs) Cash 18900 Sales Revenue 18900 (To record sale of goods) Cost of Goods Sold 14740 Finished Goods Inventory 14740 (To record the cost of goods sold) xYour answer is incorrect. Try again Reconcile the balance Work in Process Inventory with the costs of unfinished jobs. (Round answers to 0 decimal places, e.g. 2,500.) Costs of unfinished Job: + Manufacturing Overhead s Direct Materials Direct Labor s SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TET VIDEO: SIMILAR PROBLEM Your answer is partially correct. Try again Prepare a cost of goods manufactured schedule for June. (Round answers to 0 decimal places, e.g. 2,500.) INC. ufactured Schedule Cost of Gonde June 30, 2017 Work in Process, June: Direct Labor Direct Materials Used x
