Question

Problem 15-3A (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 Work in Process Inventory $5,208 Manufacturing Overhead Applied $6,870 Manufacturing Overhead Incurred $40,474 $39,246 Subsidiary data for Work in Process Inventory on June 1 are as follows. Job Cost Sheets Customer Job Rodgers Stevens Linton Cost Element Direct materials Direct labor Manufacturing overhead $744 397 496 $1,637 $992 670 837 $2,499 $1,116 719 899 $2,734 During June, raw materials purchased on account were $6,076, and all wages were paid. Additional overhead costs consisted of depreciation on equipment $1,116 and miscellaneous costs of $496 incurred on account. A summary of materials requisition slips and time tickets for June shows the following. Customer Job Materials Requisition slips Time Tickets $1,054 992 Rodgers Koss Stevens Linton Rodgers $992 2,480 620 1,612 446 1,488 484 372 6,076 1,860 4,464 1,488 General use $7,936 $5,952 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 $23,436. Each customer paid in full.

Answer 1

No	Account titles and Explanation				Debit	Credit
1	Raw materials inventory				6,076
	Accounts payable					6,076
	Factory wages				5,952
	cash					5,952
	manufacturing overhead				1,612
	Accumulated depreciation					1116
	Accounts payable					496
2)	Work in process inventory				6,076
	manufacturing overhead				1,860
	Raw materials inventory					7,936
	work in process invenory				4,464
	manufacturing overhead				1,488
	Factory wages					5,952
	work in process inventory				5580
	manufacturing overhead					5,580
3)	finished goods				18,278
	work in process					18,278
	Accounts receivable				23,436
	sale					23,436
	cost of goods sold				18,278
	finished goods inventory					18,278
		Work in process inventory
	1-Jun	opening	6,870	june	finished	18,278
		DM	6,076
		DL	4,464
		OH applied	5,580
	30-Jun		4,712
cost of unfinished jobs		koss	direct mat	2,480	direct lab	992	moh	1240	=	4,712
		Cost of goods manufactured Schedule
	Beginning work in process					6,870
	direct materials				6,076
	direct labor				4,464
	overhead applied				5,580
	total manufacturing costs					16,120
	total manufacturing costs & opening WIP					22,990
	less:ending work in process inventor					4,712
	cost of goods manufactured					18,278