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Schumacher Industries Inc. manufactures recreational vehicles. Schumacher Industries uses job order costing. The time tickets from June jobs are summarized as follows: Job 11-101
Schumacher Industries Inc. manufactures recreational vehicles. Schumacher Industries uses job order costing. The time tickets from June jobs are summarized as follows: Job 11-101 $4,350 Job 11-102 2,950 Job 11-103 2,330 Job 11-104 3,560 Job 11-105 Factory supervision 2,330 2,020 Factory overhead is applied to jobs on the basis of a predetermined overhead rate of $20 per direct labor hour. The direct labor rate is $16 per hour. a. Journalize the entry to record the factory labor costs. If an amount box does not require an entry, leave it blank. Work in Process Incorrect Factory Overhead 2,020 Wages Payable Feedback Check My Work a. Increase the work in process for the direct labor and factory overhead for the indirect labor. b. Journalize the entry to apply factory overhead to production for June. If an amount box does not require an entry, leave it blank. Work in Process Factory Overhead
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