Case Inc. is a construction company specializing in custom patios. The patios ar
ID: 2412867 • Letter: C
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 Work in Process Inventory $4,746 $6,260 Manufacturing Overhead Applied Manufacturing Overhead Incurred $36,883 $35,765 Subsidiary data for Work in Process Inventory on June 1 are as follows Job Cost Sheets Customer Job Cost Element Direct materials Direct labor Manufacturing overhead Rodgers Stevens Linton $678 362 452 $1,492 $904 $1,017 655 819 2,277 $2,491 610 763 During June, raw materials purchased on account were $5,537, and all wages were paid. Additional overhead costs consisted of depreciation on equipment $1,017 and miscellaneous costs of $452 incurred on account. A summary of materials requisition slips and time tickets for June shows the following Materials Requisition Slips Time Tickets Customer 0 Rodgers Koss Stevens Linton Rodgers $904 2,260 565 1,469 339 5,537 1,695 $7,232 $961 904 407 1,356 441 4,069 1,356 $5,425 General use 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 $21,357. Each customer paid in fullExplanation / Answer
b) Work in process :
6/1 Beginning balance 6260 June Finished goods 16658 Raw material 5537 Factory wages payable 4069 Manufacturing overhead 5086 6/30 Ending work in process 4294Related Questions
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