Question

Calcu A summary of the time todas for August follows: Description Am Description Amo Sob No. 321 $11,000 Job No.342 Job No. 320 9.200 Job No. 346 5.700 Job. 336 5.000 Indirect labor 3.000 Present the your tries to record(a) the labor cost incurred and (b) the application of factory overhead to production for August. The factory overhead rate is 10% of direct labor contamount box does not require an entry leave blank Work in Process Factory Overad 3 V N HP Laptop hp Do more from anywhere. All-day long.

Answer 1

Required:

Event	General Journal	Debit	Credit
a	Work-in-process (11,000+9,200+5,000+8,300+5,700)	$39,200
	Factory overhead	$8,000
	Wages payable		$47,200
b	Work-in-process (39,200 * 70%)	$27,440
	Factory overhead		$27,440