Factory labor data for Reyes Tool & Die is given in BE20-2. During January, time tickets show
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Factory labor data for Reyes Tool & Die is given in BE20-2. During January, time tickets show that the factory labor of $5,000 was used as follows: Job 1 $1,200, Job 2 $1,600 Job 3 $1,400, and general factory use $800. Prepare a summary journal entry to record factory labor used.
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Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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