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When the actual direct labor-hours is less than the standard direct labor-hours allowed for the actual output of the period, the journal entry would include:
When the actual direct labor-hours is less than the standard direct labor-hours allowed for the actual output of the period, the journal entry would include:
Debit to Wages Payable; Credit to Labor Efficiency Variance | |
Debit to Work-In-Process; Credit to Labor Efficiency Variance | |
Debit to Wages Payable; Debit to Labor Efficiency Variance | |
Debit to Work-In-Process; Debit to Labor Efficiency Variance |
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