Journalize the following transactions for Shelton, Inc. (a) Incurred direct labor costs of $24,000 for 3,000 hours.

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Journalize the following transactions for Shelton, Inc.
(a) Incurred direct labor costs of $24,000 for 3,000 hours. The standard labor cost was $24,900.
(b) Assigned 3,000 direct labor hours costing $24,000 to production. Standard hours were
3,150.

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Accounting Principles

ISBN: 978-1118875056

12th edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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