During August, Carrothers Company accumulated 4,300 hours of direct labor costs on Job 50 and 5,100 hours
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During August, Carrothers Company accumulated 4,300 hours of direct labor costs on Job 50 and 5,100 hours on Job 56. The total direct labor was incurred at a rate of $21.00 per direct labor hour for Job 50 and $18.50 per direct labor hour for Job 56. Journalize the entry to record the flow of labor costs into production during August.
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Accounting
ISBN: 9781337902687
28th Edition
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
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