Question: Current Attempt in Progress Case Inc. is a construction company specializing in custom patios. The patios are constructed of concrete, brick, fiberglass, and lumber, depending




Current Attempt in Progress 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 Work in Process Inventory $4,704 Manufacturing Overhead Applied $36,557 $6,205 Manufacturing Overhead incurred $35,448 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 $672 $896 $1.008 Direct labor 358 605 650 Manufacturing overhead 448 756 812 $1,478 $2,257 $2.470 During June, raw materials purchased on account were $5,488, and all wages were paid. Additional overhead costs consisted of depreciation on equipment $1.008 and miscellaneous costs of $448 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 $896 $952 Koss 2,240 896 Stevens 560 403 Linton 1.456 1,344 Rodgers 336 5.488 4,032 General use 1.680 1.344 $7.168 $5,376 437 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 $21,168. Each customer paid in full. $7.168 $5,376 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 $21,168. Each customer paid in full. 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 decimal places, es 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) To record assignment of direct materials) (To record assignment of factory labor) (To record factory labor costs paid) (To record manufacturing overhead costs incurred) (To record assignment of direct materials) (To record assignment of factory labor) (To record assignment of manufacturing overhead) (To record completion of jobs) (To record sale of goods) (To record the cost of goods sold) List of Accounts Post the entries to Work in Process Inventory. (Round answers to decimal places, eg. 2,500.) Work in Process Inventory June 6/30 eTextbook and Media List of Accounts Reconcile the balance in Work in Process Inventory with the costs of unfinished jobs. (Round answers to decimal places, s. 2,500) Costs of unfinished Job: Direct Materials $ Direct Labors Manufacturing Ove e Textbook and Media List of Accounts Prepare a cost of goods manufactured schedule for June. (Round answers to decimal places, es 2,500.) CASE INC. List of Accounts Prepare a cost of goods manufactured schedule for June (Round answers to O decimal places, e.g. 2,500.) CASE INC. Cost of Goods Manufactured Schedule e Textbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Submit Answer Send to Gradebook
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