During the current month, a company that uses a job order cost accounting system incurred a monthly

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During the current month, a company that uses a job order cost accounting system incurred a monthly factory payroll of $120,000, paid in cash. Of this amount, $30,000 is classified as indirect labor and the remainder as direct. Prepare entries to record these transactions.

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Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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