(I\'ve completed part a already) Will thumbs up correct answer, thank you. Case
ID: 2611721 • Letter: #
Question
(I've completed part a already)
Will thumbs up correct answer, thank you.
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 S4,200 S5,540 Manufacturing Overhead Applied S32,640 S31,650 Subsidiary data for Work in Process Inventory on June 1 are as follows. Customer Job Cost Element Direct materials Direct labor Rodgers S600 320 400 S1,320 Stevens $800 540 675 $2,015 Linton S900 580 725 $2,205 During June, raw materials purchased on account were S4,900, and all wages were paid. Additional overhead costs consisted of depreciation on equipment $900 and miscellaneous costs of $400 incurred on account. A summary of materials requisition slips and time tickets for June show the following.Explanation / Answer
b.
workings:
c.
d.
Work in process inventory Balance 5540 Completed work 13862.5 Direct materials 4900 direct labor 3210 Overhead applied 4012.5Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.