Instructions The Assembly Department produced 4,600 units of product during March. Each unit required 2.2 standard direct labor hours. There were 10,820 actual hours used in the Assembly Department during March at an actual rate of $19.2 per hour. The standard direct labor rate is $19.6 per hour. Assuming direct labor for a month is paid on the fifth day of the following month. a Required: Journalize the direct labor in the Assembly Department on March 31. Refer to the Chart of Accounts for exact wording of account titles. Chart of Accounts ASSETS REVENUE 110 Cash 410 Sales 121 Accounts Receivable 610 Interest Revenue 125 Notes Receivable 126 Interest Receivable EXPENSES 130 Materials 510 Cost of Goods Sold 133 Work in Process 520 Direct Materials Quantity Variance 136 Factory Overhead 521 Direct Materials Price Variance 138 Finished Goods 522 Direct Labor Time Variance 141 Supplies 523 Direct Labor Rate Variance 142 Prepaid Insurance 530 Wages Expense 143 Prepaid Expenses 531 Selling Expenses 181 Land 532 Insurance Expense 190 Office Equipment 533 Utilities Expense 191 Accumulated Depreciation Office Equipment 534 Office Supplies Expense 192 Machinery 540 Administrative Expenses 193 Accumulated Depreciation-Machinery 560 Depreciation Expense-Office Equipment 194 Factory 561 Depreciation Expense-Machinery 562 Depreciation Expense-Factory 195 Accumulated Depreciation-Factory 590 Miscellaneous Expense LIABILITIES 710 Interest Expense 194 Factory 561 Depreciation Expense-Machinery 195 Accumulated Depreciation-Factory 562 Depreciation Expense-Factory 590 Miscellaneous Expense LIABILITIES 710 Interest Expense 210 Accounts Payable 221 Utilities Payable 231 Notes Payable 236 Interest Payable 241 Lease Payable 251 Wages Payable EQUITY 311 Common Stock 340 Retained Earnings 351 Dividends 390 Income Summary Journal Journalize the direct labor in the Assembly Department on March 31. Refer to the Chart of Accounts for exact wording of account titles. PAGE 10 JOURNAL DATE DESCRIPTION POST. REF. DEBIT CREDIT 1 2 3 4