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Schumacher hidustries Ine, manulactures recreatonal vehicles. Schumachar Industries uses job ordat coging. The time fickets from June jobs are summarted as follows Factory overhtad is

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Schumacher hidustries Ine, manulactures recreatonal vehicles. Schumachar Industries uses job ordat coging. The time fickets from June jobs are summarted as follows Factory overhtad is appled to jobs on the basis of a predetemined overhead rate of $27 per drect labor hour, The direct lasor rate is sss per hou. Required: at wournuize the Jhine 30 enty to record the factory labor costs Entries for direct labor and factory overhead Chart of Accounts 143 Prepaid Expenses 540 Administrative Expenses 181 Land 560 Depreciation Expense-Factory 191 Factory 590 Miscellaneous Expense 192 Accumulated Depreciation-Factory 710 Interest Expense LIABILITIES 210 Accounts Payable 221 Utilities Payable 231 Notes Payable 236 Interest Payable 241 Lease Payable 251 Wages Payable 252 Consultant Fees Payable EQUITY 311 Common Stock 340 Retained Earnings 351 Dividends b. Joumalice at secand entry on June 30 to apply factory ovechead to production for Jlane. General bumalinstructions How does groding work

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