(Solved): Entries for Direct Labor and Factory Overhead Townsend Industries Inc. manufactures recreational vehicles. Townsend uses a job order cost system.

eBook Show Me How Print Item Entries for Direct Labor and Factory Overhead Townsend Industries Inc. manufactures recreational vehicles. Townsend uses a job order cost system. The time tickets from November jobs are summarized as follows: Job 11-101 Job 11-102 Job 11-103 Job 11-104 Factory supervision Factory overhead is applied to jobs on the basis of a predetermined overhead rate of $18 per direct labor hour. The direct labor rate is $40 per hour a. Journalize the entry to record the factory labor costs. If an amount box does not require an entry, leave it blank. $6,240 9,000 7,210 6,750 4,000 Work in Process Factory Overhead 4,000 Wages Payable 33.200 b. Journalize the entry to apply factory overhead to production for November. Work in Process13340 Factory Overhead 13,140 Feedback Check My Work b Use total direct labor cost and the direct labor rate to find drectlabor hours Apply the predetermeed overheed rase to the direct ubor hours Check My Work

Entries for Direct Labor and Factory Overhead Townsend Industries Inc. manufactures recreational vehicles. Townsend uses a job order cost system. The time tickets from November jobs are summarized as follows: Factory overhead is applied to jobs on the basis of a predetermined overhead rate of $18 per direct labor hour. The direct labor rate is $40 per hour. a. Journalize the entry to record the factory labor costs. If an amount box does not require an entry, leave it blank. Work in Process Factory Overhead Wages Payable b. Journalize the entry to apply factory overhead to production for November. Work in Process Factory Overhead b Use total direct labor rate to find direct labor hours. Apply the predetermined overhead rate to the direct labor hours.

Expert Answer

 

a
Work in Process 29200
Factory overhead 4000
        Wages payable 33200
Work in Process 13140
        Factory overhead 13140
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