Exercise 15-19 Job order costing of services LO A1 Diaz and Associates incurred the following costs...

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Exercise 15-19 Job order costing of services LO A1 Diaz and Associates incurred the following costs in completing a tax retur

business accounting

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Answer 1

Answer #1

1) Record Direct labor

Transaction	General Journal	Debit	Credit
1	Work in process (6470+17160+110*50)	11040
	Wages payable		11040

2) Record Overhead applied

Transaction	General Journal	Debit	Credit
2	Work in process (6470+17160+11050)60%	6624
	Manufacturing overhead		6624

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Answer 2

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Exercise 15-19 Job order costing of services LO A1 Diaz and Associates incurred the following costs...

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