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

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Sunland 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, 2020, the general lediger for Sunland Inc. contains the following data. Raw Materials Inventory Work in Process Inventory $4,400 Manufacturing Overhead Applied $5,550 Manufacturing Overhead Incurred $31,100 $31,200 Subsidiary data for Work in Process Inventory on June 1 are as follows. Job Cost Sheets Customer Job Cost Element Linton Rodgers 5600 $300 $1,000 Direct materials Direct labor Manufacturing overhead $1,500 $1,925 $2,125 overhead costs consisted of depreciation on equipment 5800 and miscellaneous costs of $500 incurred on During June, raw materials purchased on account were $4.900, and all wages were paid. A account. A summary of materials requisition slips and time tickets for June shows the following. Customer Materials Requisition Slips Rodgers 5500 KOOS 2.100 1,300 Rodgers 4,900 General use 56,200 and sold for a total of 120.000 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 Each customer paid in full Your answer is partially correct. Try again - 2020-01-25 to search ETVO I POUP Prisen Home Rodgers General use 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 $20,5 Each customer paid in full Your answer is partially correct. Try again. 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 toties are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation (1) Raw Materials Inventory 4900 Accounts Payable (To record purchase of raw materials 5100 Factory Labor I Cash (To record factory labor costspaid) Manufacturing Overhead Accumulated Depreciation Equipment Accounts Payable (To record manufacturing overhead costs incurred) (2) Work in Process Inventory Manufacturing Overhead Raw Materials inventory (To record assignment of direct materials) - 4 0 ING 2000-012 re to search (To record manufacturing overhead costs incurred) (2) Work in Process Inventory Manufacturing Overhead Raw Materials Inventory (To record assignment of direct materials) Work in Process Inventory Manufacturing Overhead Factory Labor (To record assignment of factory labor) Work in Process Inventory Manufacturing Overhead (To record assignment of manufacturing overhead) (3) Finished Goods Inventory 5550 5550 Work in Process Inventory Inventory (To record completion of jobs) Cash Sales Revenue (To record sale of goods) Cost of Goods Sold Finished Goods Inventory (To record the cost of goods sold) Your answer is partially correct. Try again. 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 mpleted Work 6/1 Balance OD Overhead Applied 6/30 Balance SHOW LIST OF ACCOUNTS Your answer is partially correct. Try again. Reconcile the balance in Work in Process Inventory with the costs of unfinished jobs. Costs of unfinished Job: Koss W LIST OF ACCOUNTS Your answer is partially correct. Try again. Prepare a cost of goods manufactured schedule for June SUNLAND INC. Cost of Goods Manufactured Schedule For the Month Ended June 30, 2020 LORI @ ELLI SHOW LIST OF ACCOUNTS Your answer is partially correct. Try again. Prepare a cost of goods manufactured schedule for June. SUNLAND INC. Cost of Goods Manufactured Schedule For the Month Ended June 30, 2020 Work in Process, June 1 5550 Direct Materials Used 4900 Direct Labor 3700 Manufacturing Overhead Applied 5550 Total Manufacturing Costs 14150 Total Cost of Work in Process 19700 Work in Process, June 30 14150 Cost of Goods Manufactured 5550 Click if you would like to show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS - to search o Aa

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