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Safari File Edit View History Bookmarks Window Help ezto.mheduc Chapter 2 HW Ite

ID: 2334169 • Letter: S

Question

Safari File Edit View History Bookmarks Window Help ezto.mheduc Chapter 2 HW Iten Hourly labor wages 890 hours $25 per hour 210 hours for Job 101 290 hours for Job 102 $5,250 7,250 9,750 $22,250 3,850 7,600 1,500 390 hours for Job 103 Factory supervision Production engineer Factory janitorial work Selling, general, and administrative salaries Total payroll costs 8,900 $44,100 1. & 2. Prepare the journal entries for payroll and to apply manufacturing overhead to production. The comp View transaction list Journal entry worksheet Record Fairfield Company's payroll costs to be paid at a later date. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal

Explanation / Answer

Date Account title Debit credit 1 Work in process 22250 Factory labor /Factory wages payable 22250 2 Workin process 44500 manufacturing overhead (890*50) 44500 [overhead applied]

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