Question & Answer: Entry for Factory Labor Costs A summary of the time tickets for the current month follow: Journalize the entry to record th…..

Print Item Entry for Factory Labor Costs A summary of the time tickets for the current month follows Job No. 100 101 104 108 Indirect Amount $3,500 6,650 21,900 14,440 9,100 8,620 2,760 18,550 Journalize the entry to record the factory labor costs. If an amount box does not require an entry, leave it blank. Work in Process Feedback ▼ Check My Work Increase the Work in Process for the direct labor, increase Factory Overhead for the indirect labor, and increase Wages Payable

Entry for Factory Labor Costs A summary of the time tickets for the current month follow: Journalize the entry to record the factory labor costs. If an amount box does not require an entry, leave it blank. Increase the Work, Process for the direct labor. Increase Factory Overhead for the indirect labor. And increase wages payable for the total labor.

Expert Answer

 

Work-in-progress debit $76,420 Job(101 to 108+111 to 117)

Factory overheads debit $9,100

Factory labor cost payable credit $85,520

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