Homework Answers
Direct labor costs = $79,000
Indirect labor costs = $19,000
When Direct labor cost is assigned to work in process, work in process is debited and factory payroll is credited.
When Direct labor cost is assigned to work in process, manufacturing overhead is debited and factory payroll is credited.
Hence, journal entry to record accrual of Direct labor costs would include a debit to work in process by $79,000 and credit to factory payroll by $79,000.
Hence, journal entry to record accrual of Indirect labor costs would include a debit to manufacturing overhead by $19,000 and credit to factory payroll by $19,000.
First option is correct
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