Time tickets indicated 15,000 labor hours in the production of Job .320, out of which 10,000 were
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Question:
Time tickets indicated 15,000 labor hours in the production of Job .320, out of which 10,000 were direct labor hours. The company pays $13 per each labor hour. The entry to record this transaction is: *
A debit to Work in Process Inventory $195,000 and a credit to Factory Labor $195,000
A debit to Work in Process Inventory $130,000 and a credit to Factory Labor $130,000
A debit to Work in Process Inventory $130,000, a debit to manufacturing overhead $65,000, and a credit to Factory Labor $195,000
None of the above
Expert Answer:
When labour expense has incurred so the expense which is directly related to di... View the full answer
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