Question
Problem 2-3A (Part Level Submission) Case Inc. is a construction company specializing in custom patios. The patios are constructed of concrete, brick, fiberglass, and lumber,
Problem 2-3A (Part Level Submission) 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 $4,242 Manufacturing Overhead Applied $32,966 Work in Process Inventory $5,595 Manufacturing Overhead Incurred $31,967 Subsidiary data for Work in Process Inventory on June 1 are as follows. Job Cost Sheets Customer Job Cost Element Rodgers Stevens Linton Direct materials $606 $808 $909 Direct labor 323 545 586 Manufacturing overhead 404 682 732 $1,333 $2,035 $2,227 During June, raw materials purchased on account were $4,949, and all wages were paid. Additional overhead costs consisted of depreciation on equipment $909 and miscellaneous costs of $404 incurred on account. A summary of materials requisition slips and time tickets for June shows the following. Customer Job Materials Requisition Slips Time Tickets Rodgers $808 $859 Koss 2,020 808 Stevens 505 364 Linton 1,313 1,212 Rodgers 303 394 4,949 3,637 General use 1,515 1,212 $6,464 $4,849 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 $19,089. Each customer paid in full. Collapse question part (a) Journalize the June transactions: (1) for 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. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g. 2,500.) No. Account Titles and Explanation Debit Credit (1) (To record purchase of raw materials) (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) SHOW LIST OF ACCOUNTS Attempts: 0 of 2 used SAVE FOR LATER SUBMIT ANSWER Expand question part (b) The parts of this question must be completed in order. This part will be available when you complete the part above. Expand question part (c) The parts of this question must be completed in order. This part will be available when you complete the part above. Expand question part (d) The parts of this question must be completed in order. This part will be available when you complete the part above.
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