Journal entry to record the flow of Labor costs into production during may is,
Work in process account.........Debit
To Wages Payable account...Credit
Journalize the entry to record the flow of labor costs into production during May.
Direct Labor Costs During May, Hatch Company accumulated 640 hours of direct labor costs on Job 200 and 710 hours on Job 305. The total direct labor was incurred at a rate of $11 per direct labor hour for Job 200 and $16 per direct labor hour for Job 305. Journalize the entry to record the flow of labor costs into production during May. If an amount box does not require an entry, leave it blank.
The entry to record the flow of direct labor costs into production in a job order cost accounting system is: debit Factory Overhead, credit Work in Process debit Finished Goods, credit Wages Payable debit Work in Process, credit Wages Payable debit Factory Overhead, credit Wages Payable
BE 16-2 Direct labor costs Obj. 2 During May, Bergan Company accumulated 2.500 hours of direct labor costs on Job 200 and 3,000 hours on Job 305. The total direct labor was incurred at a rate of $28 per direct labor hour for Job 200 and $24 per direct labor hour for Job 305. Journalize the entry to record the flow of labor costs into production during May BE 16-3 Factory overhead costs Obj. 2 During May, Bergan Company incurred...
Direct Labor Costs puring May, Salinger Company accumulated 510 hours of direct labor costs on Job 200 and 640 hours on Job 305. The total direct labor was incurred at a rate of $15 per direct labor hour for Job 200 and $17 per direct labor hour for Job 305. Journalize the entry to record the flow of labor costs into production during May. If an amount box does not require an entry, leave it blank.
Direct Labor Costs During August, Salinger Company accumulated 500 hours of direct labor costs on Job 40 and 600 hours on Job 42. The total direct labor was incurred at a rate of $18 per direct labor hour for Job 40 and $20 per direct labor hour for Job 42. Journalize the entry to record the flow of labor costs into production during August.
Direct labor costs Instructions Chart of Accounts Journal Instructions Duning May Bergan Company accumulated 19.000 hours of direct labor costs on Job 200 and 22.000 hours on Job 305 The total direct labor was incurred at a rate of $20.00 per direct labor hour for Jeb 200 and $21.00 per direct labor hour for Job 305 Journalize the entry on May 30 to record the flow of labor costs into production during May Refer to the Chart of Accounts for...
What is the entry to record the factory labor costs for the month of january and what is rhe entry to assign factory labor production? Current Attempt in Progress The gross earnings of the factory workers for Larkin Company during the month of January are $87,000. The employer's payroll taxes for the factory payroll are $9,400. The fringe benefits to be paid by the employer on this payroll are $5,000. Of the total accumulated cost of factory labor, 82% is...
During April, Keenan Company accumulated 520 hours of direct labor costs on Job 50 and 580 hours on Job 51. The total direct labor was incurred at a rate of $13 per direct labor hour for Job 50 and $17 per direct labor hour for Job 51. Journalize the entry to record the flow of labor costs into production during April.
During August, Jernigan Company accumulated 860 hours of direct labor costs on Job 40 and 660 hours on Job 42. The total direct labor was incurred at a rate of $13 per direct labor hour for Job 40 and $9 per direct labor hour for Job 42. Journalize the entry to record the flow of labor costs into production during August.
The journal entry to record indirect labor costs used in production includes a debit to Factory