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nata0808 [166]
3 years ago
6

Entries for Direct Labor and Factory Overhead

Business
1 answer:
iren2701 [21]3 years ago
7 0

Answer and Explanation:

The journal entries are shown below:

a.

Work in process inventory ($4,640 + $5,510 + $6,612 + $12,760 + $18,270) $47,792

Factory Overhead $12,500  

       Factory Wages $60,292

(being the factory labor cost is recorded)

b.

Work in process inventory  ($47,792 ÷ 29 × 23) $37,904

         To Factory Overhead $37,904

(being the factory overhead applied to production is recorded)

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