Recording Factory Labor Costs

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

Job No.	Amount		Job No.	Amount
3467	$7,613		3478	$10,150
3470	3,833		3480	11,025
3471	12,565		3497	14,088
Indirect labor	23,800		3501	19,478

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 Need help on this!!	$
Factory labor costs transferred to Factory Overhead 23,800	$

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.

Statement of Cash Flows	Balance Sheet
	Assets			=	Liabilities	+	Stockholders' Equity
	Work in process	+	Factory overhead	=	Wages payable	+		No effect
			23,800
Statement of Cash Flows								Income Statement
No effect								No effect