Uvw1235125
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UVA-C-2196
Lambeth Custom Cabinets (A)
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TO ACCESS THIS DOCUMENT This is a protected document. The first two pages are available for everyone to see, but only faculty members who have verified faculty status with Darden Business Publishing are able to view this entire inspection copy. VERIFIED FACULTY If you have verified faculty status with Darden Business Publishing, simply enter the same username that you use on the Darden Business Publishing Web site, and then click “Submit.” Please note that this is an inspection copy and is not for classroom use. UNVERIFIED FACULTY If you are teaching faculty and do not yet have verified faculty access with Darden Business Publishing, please click on the “Faculty Register” link and submit your information requesting verified faculty access. OTHER USERS If you would like to read the full document, click on “Buy Case Now” to be redirected to the Darden Business Publishing Web site where you can purchase this and other Darden cases.
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Document Id 0000-1402-56D3-0000574C
The protectedpdf technology is © Copyright 2006 Vitrium Systems Inc. All Rights Reserved. Patents Pending.
UVA-C-2196
LAMBETH CUSTOM CABINETS (A) Jack Lambeth, a master cabinetmaker, owned and operated a shop where he sold custommade cabinets. At the beginning of September, he had no outstanding debts, and the following amounts were on his books: 1. Raw-materials inventory, $2,150 2. Supplies inventory, $620 3. Work-in-process inventory, $5,650
Job A-3 A-4 A-5 Total
Materials $ 750 900 325 $1,975
Labor $1,100 650 700 $2,450
Overhead (50% of labor) $ 550 325 350 $1,225
$5,650
4. All other assets as of September 1, $16,890 During the month, Lambeth’s woodworking crew finished jobs A-3, A-4, and A-6, but did not
UVA-C-2196
Lambeth Custom Cabinets (A)
Username: Submit
Faculty Register
TO ACCESS THIS DOCUMENT This is a protected document. The first two pages are available for everyone to see, but only faculty members who have verified faculty status with Darden Business Publishing are able to view this entire inspection copy. VERIFIED FACULTY If you have verified faculty status with Darden Business Publishing, simply enter the same username that you use on the Darden Business Publishing Web site, and then click “Submit.” Please note that this is an inspection copy and is not for classroom use. UNVERIFIED FACULTY If you are teaching faculty and do not yet have verified faculty access with Darden Business Publishing, please click on the “Faculty Register” link and submit your information requesting verified faculty access. OTHER USERS If you would like to read the full document, click on “Buy Case Now” to be redirected to the Darden Business Publishing Web site where you can purchase this and other Darden cases.
Buy Case Now
If you have any questions or need technical help, please contact Darden Business Publishing at 1-800-246-3367 or email sales@dardenbusinesspublishing.com
Document Id 0000-1402-56D3-0000574C
The protectedpdf technology is © Copyright 2006 Vitrium Systems Inc. All Rights Reserved. Patents Pending.
UVA-C-2196
LAMBETH CUSTOM CABINETS (A) Jack Lambeth, a master cabinetmaker, owned and operated a shop where he sold custommade cabinets. At the beginning of September, he had no outstanding debts, and the following amounts were on his books: 1. Raw-materials inventory, $2,150 2. Supplies inventory, $620 3. Work-in-process inventory, $5,650
Job A-3 A-4 A-5 Total
Materials $ 750 900 325 $1,975
Labor $1,100 650 700 $2,450
Overhead (50% of labor) $ 550 325 350 $1,225
$5,650
4. All other assets as of September 1, $16,890 During the month, Lambeth’s woodworking crew finished jobs A-3, A-4, and A-6, but did not