M2-15 (Algo) Recording Direct and Indirect Labor Costs [LO 2-2, 2-4] Fairfield Company's payroll costs for the most recent month are summarized here: Item Hourly labor wages Description 910 hours @ $17 per hour 150 hours for Job 101 = Factory supervision Production engineer Factory janitorial work Selling, general, and administrative salaries Total payroll costs Required: 440 hours for Job 103 = Total Cost $ 2,550 320 hours for Job 102 = 5,440 7,480 $ 15,470 3,550 6,700 1,400 8,700 $ 35,820 1. Calculate how much of the labor costs would be added to the following accounts: a. Work in Process Inventory b. Manufacturing Overhead c. Selling, General, and Administrative Expenses