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Use the following information to answer questions 5 and 6: Ted is a production worker in a company in Maryland. During the past week, he
Use the following information to answer questions 5 and 6: Ted is a production worker in a company in Maryland. During the past week, he worked a total of 48 hours including 3 hours of idle time. His contract hours are 40 hours per week. His hourly ge rate is $10, and the overtime premium is 50% of regular hourly wage. The company uses a The journal entry to record the direct labor costs of Ted is: A) Factory overhead control B) Work in process ob order costing system. 5 tAv-114 , 4.7H 450 450 400 400 Wages payable Wages payable Wages payable Wages payable 450 450 400 400 DlCost C Work in process 40 *(O D) Factory overhead control 6) The Journal entry to record the factory overhead cost ofTed is: (umitLiO Work Factory overhead applied 120 1200/to(3 x1 : in process - ) Factory overhead control C) Work in process D) Factory overhead control Wages payable Factory overhead applied Wages payable 120 70 70 120 70 70
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