=+ 1. Income from operations, $2,400,000 Wages Payable Aug. 31 Wages incurred 120,000 Factory Overhead Aug. 1
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=+✔ 1. Income from operations,
$2,400,000 Wages Payable Aug. 31 Wages incurred 120,000 Factory Overhead Aug. 1 Balance 8,000 Aug. 31 Factory overhead applied (E)
31 Indirect labor (H)
31 Indirect materials 4,500 31 Other overhead 51,500 In addition, the following information is available:
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