Question
9. During March, Company A accumulated 20,000 hours of direct labor costs on job 1 and 18,000 hours on job 2. The total direct labor
9. During March, Company A accumulated 20,000 hours of direct labor costs on job 1 and 18,000 hours on job 2. The total direct labor was incurred at a rate of $29.00 per direct labor hour for job 1 and $12.00 per direct labor hour for job 2. Journalize the entry to record the flow of labor costs into production during March.
The missing account for #1 is:
Wages Payable
Factory Overhead
Work In Process
None of the above
The missing account for #2 is:
Wages Payable
Factory Overhead
Work In Process
None of the above
The missing account for #2 is:
Accumulated Depreciation- Factory
Materials
Finished Goods
None of the above
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