Refer to the data in PE 19-9 and 19-10. Make the necessary journal entry to record direct

Question:

Refer to the data in PE 19-9 and 19-10. Make the necessary journal entry to record direct labor at the standard rates.


Data from PE 19-9 and 19-10

Number of nightstands produced . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 200

Actual hours used to produce nightstands . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 970

Actual labor rate per hour . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $15.75

Standard labor rate per hour . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $15.50

Standard labor hours per nightstand . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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