Question

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 $4,746 Manufacturing Overhead Applied $36,883 Work in Process Inventory $6,260 Manufacturing Overhead Incurred $35,765 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 $678 $904 $1,017 Direct labor 362 610 655 Manufacturing overhead 452 763 819 $1,492 $2,277 $2,491

Answer 1

No	Account titles and Explanation				Debit	Credit
1	Raw materials inventory				5,537
	Accounts payable					5,537
	Factory wages				5,425
	cash					5,425
	manufacturing overhead				1,469
	Accumulated depreciation					1017
	Accounts payable					452
2)	Work in process inventory				5,537
	manufacturing overhead				1,695
	Raw materials inventory					7,232
	work in process invenory				4,069
	manufacturing overhead				1,356
	Factory wages					5,425
	work in process inventory				5086
	manufacturing overhead					5,086
3)	finished goods				16,658
	work in process					16,658
	Accounts receivable				21,357
	sale					21,357
	cost of goods sold				16,658
	finished goods inventory					16,658
		Work in process inventory
	1-Jun	opening	6,260	june	finished	16,658
		DM	5,537
		DL	4,069
		OH applied	5,086
	30-Jun		4,294
cost of unfinished jobs		koss	direct mat	2,260	direct lab	904	moh	1130	=	4,294
		Cost of goods manufactured Schedule
	Beginning work in process					6,260
	direct materials				5,537
	direct labor				4,069
	overhead applied				5,086
	total manufacturing costs					14,692
	total manufacturing costs & opening WIP					20,952
	less:ending work in process inventor					4,294
	cost of goods manufactured					16,658