Entries for direct labor and factory overhead Instructions Chart of Accounts Journal Instructions X 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 $5,140 Job 11-102 6,020 Job 11-103 4,120 Job 11-104 8,205 Job 11-105 18,270 Factory supervision 2,885 Factory overhead is applied to jobs on the basis of a predetermined overhead rate of $27 per direct labor hour. The direct labor rate is $55 per hour. DATE DESCRIPTION POST. REF DEBIT CREDIT ASSETS LIABILITIES EQUITYInstructions Chart of Accounts Journal Instructions X Job 11-105 18,270 Factory supervision 2,885 Factory overhead is applied to jobs on the basis of a predetermined overhead rate of $27 per direct labor hour. The direct labor rate is $55 per hour. Required: a. Journalize the June 30 entry to record the factory labor costs. * b. Journalize a second entry on June 30 to apply factory overhead to production for June. Round your intermediate calculation to nearest whole number.* *Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for spaces or journal explanations. Every line on a journal page is used for debit or credit entries. Do not add explanations or skip a line between journal entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITYEntries for direct labor and factory overhead Instructions Chart ot Accounts m Journal a. Journalize the June 30 entry to record the factory labor costs. * b. Journalize a second entry on June 30 to apply factory overhead to production for June. Round your intermediate calculation to nearest whole number. * *Ftefer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for spaces or journal explanations. Every line on a journal page is used for debit or credit entries. Do not add explanations or skip a line between journal entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. DATE DESCRIPTION POST. REE DEBIT CREDIT ASSETS LIABILITIES PAGE 10 JOURNAL ACCOUNTING EQUATION EQUITY Entries for direct labor and factory overhead Instructions Chart of Accounts m Journal DATE DESCRIPTION JOURNAL POST. REF. DEBIT CREDIT PAGE 10 ACCOUNTING EQUATION ASSETS LIABILITIES EQUITY