Problem 16-3A (Part Level Submission) Stellar 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, 2014, the general ledger for Stellar Inc. contains the following data. Raw Materials Inventory | $4,620 | Manufacturing Overhead Applied | $35,904 | Work in Process Inventory | $6,095 | Manufacturing Overhead Incurred | $34,815 | Subsidiary data for Work in Process Inventory on June 1 are as follows. Job Cost Sheets | Customer Job | Cost Element | Gannon | Rosenthal | Linton | Direct materials | $660 | $880 | $990 | Direct labor | 352 | 594 | 638 | Manufacturing overhead | 440 | 743 | 798 | $1,452 | $2,217 | $2,426 | During June, raw materials purchased on account were $5,390, and all wages were paid. Additional overhead costs consisted of depreciation on equipment $770and miscellaneous costs of $440incurred on account. A summary of materials requisition slips and time tickets for June shows the following. Customer Job | Materials Requisition Slips | Time Tickets | Gannon | $880 | $495 | Koss | 2,200 | 880 | Rosenthal | 550 | 396 | Linton | 1,430 | 1,320 | Gannon | 330 | 429 | 5,390 | 3,520 | General use | 1,650 | 1,320 | $7,040 | $4,840 | Overhead was charged to jobs at the same rate of $1.25per dollar of direct labor cost. The patios for customers Gannon, Rosenthal, and Linton were completed during June and sold for a total of $20,790. Each customer paid in full. | | | |