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98% Sun 8:47 PM a eBook Show Me How Entries for Direct Labor and Factory Overhea

ID: 2399874 • Letter: 9

Question

98% Sun 8:47 PM a eBook Show Me How Entries for Direct Labor and Factory Overhead Townsend Industries Inc. manufactures recreational vehicles. Townsend uses a job order cost system. The time tickets from November jobs are summarized as follows Job 201 Job 202 Job 203 Job 204 Factory supervision Factory overhead is applied to jobs on the basis of a predetermined overhead rate of $22 per direct labor hour. The direct labor rate is $13 per hour If required, round final answers to the nearest dollar a. Journalize the entry to record the factory labor costs. If an amount box does not require an entry, leave it blank. $3,610 1,800 1,420 2,660 1,230 Work in Process9490 Wages Payable x 9.490 X Check My Work 1 more Check My Work uses remaining Previous Next coverag...es | Aflac the fee f...Care.gov Justice... the steps Mid

Explanation / Answer

Journal Entry Account Tittle Debit Credit Work in Process $3610+1800+1420+2660) $9,490 Factory overhead $1,230 Wages payable $10,720 To Record Factory Labour Cost Work in Process ($9490/$13)*$22) $16,060         Factory overhead $16,060