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, 2020, the general ledger for Case Inc. contains the following data. Raw Materials Inventory $4,100 Manufacturing Overhead Applied $33,800 Work in Process Inventory $5,675 Manufacturing Overhead Incurred $28,600 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 $600 $900 $800 Direct labor 200 600 700 Manufacturing overhead 250 750 875 $1,050 $2,250 $2,375 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 $300 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 $900 $800 Koss 1,800 800 Stevens 400 400 Linton 1,300 1,300 Rodgers 300 400 4,700 3,700 General use 1,400 1,400 $6.100 $5,100 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.

Answer 1

No	Account titles and Explanation				Debit	Credit
1	Raw materials inventory				4,700
	Accounts payable					4,700
	Factory wages				5,100
	cash					5,100
	manufacturing overhead				1,100
	Accumulated depreciation					800
	Accounts payable					300
2)	Work in process inventory				4,700
	manufacturing overhead				1,400
	Raw materials inventory					6,100
	work in process invenory				3,700
	manufacturing overhead				1,400
	Factory wages					5,100
	work in process inventory				4625
	manufacturing overhead					4,625
3)	finished goods				15,100
	work in process					15,100
	Accounts receivable				20,000
	sale					20,000
	cost of goods sold				15,100
	finished goods inventory					15,100
		Work in process inventory
	1-Jun	opening	5,675	june	finished	15,100
		DM	4,700
		DL	3,700
		OH applied	4,625
	30-Jun		3,600
cost of unfinished jobs		koss	direct mat	1,800	direct lab	800	moh	1000	=	3,600
		Cost of goods manufactured Schedule
	Beginning work in process					5,675
	direct materials				4,700
	direct labor				3,700
	overhead applied				4,625
	total manufacturing costs					13,025
	total manufacturing costs & opening WIP					18,700
	less:ending work in process inventor					3,600
	cost of goods manufactured					15,100