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3 years ago

A summary of the time tickets for the current month follows:

Business

1 answer:

11111nata11111 [884]3 years ago

6 0

Answer:

Journal Entries:

General Journal

Description Debit Credit

Direct labor:

Job 100 $1,640

Job 101 1,360

Job 104 2,490

Job 108 2,870

Job 111 1,750

Job 115 1,150

Job 117 7,780

Factory overhead:

Indirect labor 8,740

Factory labor costs $27,780

To record the labor costs to jobs and indirect labor

Explanation:

Factory labor costs consist of direct labor costs which are attributed to the specific jobs and the indirect labor costs which cannot be traced to any particular job. These are treated as factory overhead costs.

The journal entries recording the labor costs for each job, debit the indicated job title while crediting the factory labor costs.

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