Brief Exercise 23-9 Journalize the following transactions for Shelton, Inc (a) I

Question

Brief Exercise 23-9 Journalize the following transactions for Shelton, Inc
(a) Incurred direct labor costs of $23,000 for 4,960 hours. The standard labor cost was $24,006. (b) Assigned 4,960 direct labor hours costing $23,000 to production. Standard hours were 5,120.
(Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g. 125.)
No. Account Titles and Explanation Debit Credit (a)








(b)








Brief Exercise 23-9 Journalize the following transactions for Shelton, Inc a) Incurred direct labor costs of $23,000 for 4,960 hours. The standard labor cost was $24,006 (b) Assigned 4,960 direct labor hours costing $23,000 to production. Standard hours were 5,120 (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to O decimal places,e.g. 125. Ne. Acceunt Tiles and Esplanation Click if you would like to Show Work for this question Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Question Attempts: 0 of s used SAVE FOR LATERSUBHET ANSWER

Explanation / Answer

Journal entry :

Date accounts & explanation debit credit Labour 24006 Labour rate variance 1006 Wages payable 23000 Work in process a/c 23256 Labour efficiency variance 750 Labour 24006

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