Your answer is partially correct. Try again. Journalize the following transactions for Shelton, Inc (a) Incurred direct labor costs of $23,100 for 4,040 hours. The standard labor cost was $23,917. (b) Assigned 4,040 direct labor hours costing $23,100 to production. Standard hours were 4,160 (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to o decimal places, e.g. 125.) No. Account Titles and Explanation (a) Factory Labor Debit Credit IT 23917 Labor Price Variance 817 Factory Wages Payable 23100 (b) Work in Process Inventory 729 Labor Quantity Variance Factory Labor 23618 Click if you would like to Show Work for this question: Open Show Work