The Cavy Company accumulated 540 hours of direct labor on Job 567 and 770 hours on Job 999. The direct labor was incurred at a rate of $19 per direct labor hour for Job 567 and $25 per direct labor for Job 999.

Required:

Journalize the entry to record the flow of labor costs into production. Refer to the Chart of Accounts for exact wording of account titles.

Journalize the entry to record the flow of labor costs into production on December 31. Refer to the Chart of Accounts for exact wording of account titles. PAGE 1 JOURNAL DATE DESCRIPTION POST. REF. DEBIT CREDIT 1 2