Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Recording Standards in Accounts The Assembly Department produced 4,000 units of product during March. Each unit required 1.75 standard direct labor hours. There were 7,500

Recording Standards in Accounts

The Assembly Department produced 4,000 units of product during March. Each unit required 1.75 standard direct labor hours. There were 7,500 actual hours used in the Assembly Department during March at an actual rate of $12 per hour. The standard direct labor rate is $13 per hour.

Assuming direct labor for a month is paid on the fifth day of the following month, journalize the direct labor in the Assembly Department on March 31. For a compound transaction, if an amount box does not require an entry, leave it blank.

March 31 Work in Process 91000
Direct Labor Time Variance
Direct Labor Rate Variance
Wages Payable 90000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions