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Entries for Direct Labor and Factory Ovemead Schumacher Industries Inc, manufactures recreational vehicles. Schumacher Industries uses a job order cost system. The time tickets from

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Entries for Direct Labor and Factory Ovemead Schumacher Industries Inc, manufactures recreational vehicles. Schumacher Industries uses a job order cost system. The time tickets from June jobs are summarized as follows: Job 11-101 $2.020 JOD 11-102 1,370 Job 11-103 1,080 Job 11-104 1,650 Job 11-105 1,080 Factory supervision 940 Factory overhead is applied to jobs on the basis of a predetermined overhead rate of $24 per direct labor hour. The direct labor rate is $15 per hour a. Journalce the entry to record the factory labor costs. If an amount box does not require an entry, leave it blank Work In Process 7.300 Factory Overhead 940 Wages Payable 2.140 b. Journalize the entry to apply factory overhead to production for June. If an amount box does not require an entry, leave it blank Work in Process 4560 Factory Overhead 4.500

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