Jack Lambeth 1 Ledger

September 1st Raw Materials

Raw materials 2,150 2,150
Supplies inventory 620 1,675
Work-in-process inventory 5,650
All other assets 16,890
2,050
A-3 A-4 A-5
Direct materials 750 900 325 1,975
Supplies inventory
Labor 1,100 650 700 2,450
Overhead (50% of labor) 550 325 350 1,225 620
Total 2,400 1,875 1,375 5,650 580

September on going 710

A-3 A-4 A-5 A-6 A-7 Total
Direct materials 280 350 180 375 590 1,775
Direct labor 750 1,300 550 490 370 3,460
Overhead (50% of labor) 375 650 275 245 185 1,730
1,405 2,300 1,005 1,110 1,145

Purchased raw materials 1,675

Purchased supplies 580 490 transferred to manufactur overhead
Direct labor cost 3,460 2 Lam
Overhead 50% of labor 1,730 Ba
Indirect labor cost 2,000 Beginni
G&A 3,420 Asets
Revenue: Raw materials
A-3 6,125 WIP
A-4 8,600 Supplies
A-6 1,750
All other assets
Lambeth job estimation Total assets
Lumber 590
Finishing materials 75 Lambeth Cabin
Direct-labor cost 640 Income statem
Overhead 320 Sales revenue
Total 1,625 COGS
Profit 275 Underapplied
Lambeth price 1,900 Gross profit
Walworth custom price 1,500 G&A
Operation income

3
Saya tidak menyarankan un
diinginkan oleh Mrs. Carter
diambil maka Lambeth akan
4 Bisnis Lambeth akan menja
kitchen set kustom.
 Raw Materials Work-in-Process Finished Goods
1,775 5,650 3,805 9,090 9,090
1,775 4,175
3,460 1,110
1,730
3,525 -

Supplies inventory Manufacturing Expense & Inc.

overhead Summary
490 490 1,730 9,090 6,125
2,000 3,420 8,600
760 1,750

760 3,205

Labor All Other Assets

3,460 16,890 3,420
2,000 16,475 1,675
580
5,460
5,460 22,230

Lambeth Cabinets Lambeth Cabinets

Balance Sheet Balance Sheet
Beginning of September End of September
Liabilities & Equity Asets
Raw materials 2,150 Liabilites - Raw materials 2,050
5,650 WIP 3,525
620 Supplies 710

All other assets 16,890 Equity 25,310 All other assets 22,230
Total assets 25,310 25,310 Total assets 28,515

Lambeth Cabinets
Income statement
Sales revenue 16,475
9,090
Underapplied 760 9,850
Gross profit 6,625
3,420
Operation income 3,205

Saya tidak menyarankan untuk mengambil pekerjaan dari Mrs. Carter. Dikarenakan, harga yang
diinginkan oleh Mrs. Carter lebih rendah dari estimasi kos yang dilakukan oleh Jack. Apabila
diambil maka Lambeth akan mengalami kerugian sebesar $125.
Bisnis Lambeth akan menjadi buruk, karena harga jual tidak mampu menutupi kos pembuatan
kitchen set kustom.
th Cabinets
nce Sheet
September
Liabilities & Equity
Liabilites -

Equity 28,515
28,515