Entries for direct labor and factory overhead Chart of Accounts Journal Instructions Townsend Industries Inc. manufactures recreational vehicles. Townsend uses a job order cost system. The time tickets from November jobs are summarized an tolow: Job 201 $5,180 Job 202 6,140 Job 203 4,170 Job 204 3.921 Factory supervision 2,660 Factory overhead is applied to jobs on the basis of a predetermined overhead rate of $24 per direct labor hour. The direct tabor rate is 847 per hour Required: A. Journalize the November 30 entry to record the factory labor costs. 8. Journalizo a second entry on November 30 to apply factory overhead to production for November "Refer to the Chart of Accounts provided for the correct wording of account titles. Previous Ek My Work Email instructor Submit A All work saved EX 19-03.ALGO EX. 19-05 BLANKSHEETAL... EX 19-07 BLANKSHEETAL... Instruction Chart of Accounts Tol ASSETS 110 Cash 121 Accounts Receivable 125 Notes Renivable 25 Interest Receivable 131 Materials REVENUE 410 Sales 610 Interest Revenue PR. 19-01.BLANKSHEETAL.. PR. 19-02 BLANKSHEETAL... 132 Work in Process 133 Factory Overhead 134 Finished Goode 141 Supplies 142 Propard Insurance 143 Prepaid Expenses 181 Land 10+ Factory 192 Accurated Depreciation Factory EXPENSES 510. Cost of Goods Sold 520 Wages Expo 531 Selling Expenses 532 trance Experte 533 Uits Expense 534 Office Supplies Expense 540 Administrative Expenses 500 Depreciation Expense Factory 500 Miscellaneous Expense 710 rest Expense Cc My Work signment Score: 4.58% All Work saved Em structor Aimport.pl Report.pdf instructions Chart of Accounts Tol LIABILITIES 210 Accounts Payable 221 Utilities Payable 231 Notes Payable 236 Interest Payable 241 Lease Payable 251 Wages Payable 252 Consultant Fees Payable