24. Portside Watercraft uses a job order costing system. During one month Portside purchased $173,000 of raw materials on credit; issued materials to production of $164,000 of which $24,000 were indirect. Portside incurred a factory payroll of $95,000, of which $25,000 was indirect labor. Portside uses a predetermined overhead rate of 170% of direct labor cost. The journal entry to record the allocation of factory wages to production is:

A. Debit Work in Process Inventory $95,000; credit Factory Wages Payable $95,000.

B. Debit Work in Process Inventory $95,000; credit Cash $95,000.

C. Debit Factory Wages Payable $95,000; credit Cash $95,000.

D. Debit Work in Process Inventory $70,000; debit Factory Overhead $25,000; credit Factory Wages Payable $95,000.

E. Debit Work in Process Inventory $70,000; debit Factory Overhead $25,000; credit Cash $95,000.