A summary of the time tickets for September is as follows: a. Determine the amounts of factory

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A summary of the time tickets for September is as follows:

Job No. Amount Job No. Amount 4467 $ 5,000 4478 $18,060 4470 11,150 4480 20,200 4471 9,440 4497 13,250 Indirect labor 14,000 4501 3,600

a. Determine the amounts of factory labor costs transferred to Work in Process and Factory Overhead for September.

b. Illustrate the effect on the accounts and financial statements of the factory labor costs transferred in (a).

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Survey Of Accounting

ISBN: 9780357132593

9th Edition

Authors: Carl S. Warren, Amanda Farmer

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Question Posted: Sep 25, 2020 07:23 AM

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A summary of the time tickets for September is as follows: a. Determine the amounts of factory

Question:

Job No. Amount Job No. Amount 4467 $ 5,000 4478 $18,060 4470 11,150 4480 20,200 4471 9,440 4497 13,250 Indirect labor 14,000 4501 3,600

Step by Step Answer:

a Factory labor costs transferred to Work in Process 80700 80700 5000 1...View the full answer

Survey Of Accounting

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