Question: need help completing this Journalize the June transactions: (1) for purchase of raw materials, factory labor costs incurred, and manufacturing overhead costs incurred; (2) assignment
need help completing this



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.) No. Account Titles and Explanation Debit Credit (1) Raw Materials Inventory 4700 Accounts Payable $700 (To record purchase of raw materials) Factory Wages Payable 5000 Cash 5000 (To record factory labor costs paid) Manufacturing Overhead 1300 Accumulated Depreciation-Buildings 300 Accounts Payable 500 To record manufacturing overhead costs incurred) (2) Work in Process Inventory 4700 Manufacturing Overhead 1300 Raw Materials Inventory 6000 To record assignment of direct materials) Work in Process Inventory 3700 Manufacturing Overhead 1300 Factory Wages Payable 5000 To record assignment of factory labor) Work in Process Inventory Manufacturing Overhead [To record assignment of manufacturing overhead) (3) [To record completion of jobs) [To record sale of goods) [To record the cost of goods sold)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 6/1 June 6/30 Reconcile the balance in Work in Process Inventory with the costs of unfinished jobs. Costs of unfinished Job: Direct Materials $ + Direct Labor $ + Manufacturing Overhead $ = $ Prepare a cost of goods manufactured schedule for June. CULLUMBER INC. Cost of Goods Manufactured Schedule $ v $Cullumber 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 ledger for Cullumber Inc. contains the following data. Raw Materials Inventory $4,500 Manufacturing Overhead Applied $35,300 Work in Process Inventory $5,800 Manufacturing Overhead Incurred $34,500 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 $700 $700 $800 Direct labor 400 600 600 Manufacturing overhead 500 750 750 $1,600 $2,050 $2,150 During June, raw materials purchased on account were $4,700, and all wages were paid. Additional overhead costs consisted of depreciation on equipment $800 and miscellaneous costs of $500 incurred on account. A summary of materials requisition slips and time tickets for June shows the following. Customer Materials Requisition Time Job Slips Tickets Rodgers $900 $900 Koss 1,800 700 Stevens 500 400 Linton 1,300 1,200 Rodgers 200 500 4,700 3,700 General use 1,300 1,300 $6,000 $5,000 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 June and sold for a total of $20,000. Each customer paid in full
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