Recording Factory LaborCosts

A summary of thetime ticketsfor January is as follows:

Job No. Amount Job No. Amount

3467 $7,090 3478 $9,454

3470 $3,570 3480 $10,269

3471 $11,703 3497 $13,122

Indirect labor 22,1683501 18,142

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$fill in the blank 1

Factory labor costs transferred to Factory Overhead$fill in the blank 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.

Statement of Cash Flows

Balance Sheet

Assets

Liabilities

Stockholders' Equity

Statement of Cash Flows

Income Statement