1. Recording Factory Labor Costs

   A summary of the time tickets for January is as follows:

   Job No.	Amount		Job No.	Amount
   3467	$5,133		3478	$6,844
   3470	2,584		3480	7,434
   3471	8,472		3497	9,499
   Indirect labor	16,048		3501	13,133

   a. Determine the amounts of factory labor costs transferred to Work in Process and Factory Overhead for January.

   Factory labor costs transferred to Work in Process	$
   Factory labor costs transferred to Factory Overhead	$

2. 

b. Illustrate the effect on the accounts and financial statements of the factory labor costs transferred in (a) If no account or activity is affected, select "No effect" from the drop-down list and leave the corresponding number entry box blank. Enter account decreases and cash outflows as negative amounts. Balance Sheet Statement of Cash -Liabilities Stockholders' Equity Assets Flows Statement of Cash Flows Income Statement