Question
Labor and Factory Overhead Townsend Industries Inc. manufactures recreational vehicles. Townsend uses a job order cost system. The time tickets from November jobs are summarized
Labor and Factory Overhead\ Townsend Industries Inc. manufactures recreational vehicles. Townsend uses a job order cost system. The time tickets from November jobs are summarized as follows:\ Job 11-101\ Job 11-102\ Job 11-103\ Job 11-104\ Factory supervision\
$6,240
\ 9,000\ 7,210\ 6,750\ 4,000\ Factory overhead is applied to jobs on the basis of a predetermined overhead rate of
$18
per direct labor hour. The direct labor rate is
$40
per hour.\ a. Journalize the entry to record the factory labor costs. If an amount box does not require an entry, leave it blank.\ Work in Process
\ Factory Overhead
\
Wages Payable _(
)\ Feedback\ Check My Work\ a. Increase the work in process for the direct labor and factory overhead for the indirect labor.
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