The journal entry to record the factory labor costs (as per the time tickets) is as follows:
<h3>Journal Entry</h3>
Debit Work in Process:
Job 100 $2,680
Job 101 2,220
Job 104 4,070
Job 108 4,640
Job 111 2,830
Job 115 1,860
Job 117 12,570
Debit Factory overhead $14,280
Credit Factory Labor costs $45,150
<h3>Data Analysis:</h3>
Job No. Amount
100 $2,680
101 2,220
104 4,070
108 4,640
111 2,830
115 1,860
117 12,570
Factory overhead (Indirect labor costs) $14,280
Thus, the factory labor costs are <u>debited</u> to the Work in Process for various jobs and the factory overhead (indirect costs), while the <u>credit</u> entry goes to the Factory Labor Costs account.
Learn more about recording factory labor costs at brainly.com/question/17080631
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Answer:
Answer is B Goodluck that is the answer
I think
Answer:
Explanation:
creative media Peter uses blogs and social interaction pages on to showcase his advertisements for young professionals.
creative execution Peter manages his team as they use the latest graphics advancements to enhance their advertisement while keeping it on budget.
advertising strategy Peter has a meeting with his team to set the objectives of their next product campaign.
creative idea Peter and his team come up with an advertisement showing the secure locking system of a car door, which is targeted to appeal to the customer’s need for safety.
Answer:
The statement is: False.
Explanation:
Net Income <em>is the result of subtracting a company's expenses in generating income from the total revenue and deducting taxes from that figure</em>. The net income may be distributed as a dividend among common stock shareholders or retained by the company. Instead, capital refers to financial resources such as equity, debt, trading, and working capital.
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