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Papessa [141]
3 years ago
13

Farrel Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just compl

eted year: Direct labor cost $574,000 Manufacturing overhead: Indirect labor cost $163,000 Other manufacturing overhead costs incurred $584,000 What is the journal entry to record the direct and indirect labor costs incurred during the year?
Business
1 answer:
Anni [7]3 years ago
5 0

Answer:

      Cost                                     Debit             Credit  

Work in Process inventory        $574,000  

Manufacturing overhead           $163,000  

Wages payable/Cash                                      $737,000

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