Brief Exercise 24.7 (Static) Journal Entry for Direct Labor (LO24-3) A popular product manufactured by Party-On! s a festively decorated punch bowl. The company's standard cost system calls for 0.08 hours of direct labor per bowl, at a standard wage rate of $17. During September, Party-On! produced 1,200 of these bowls at an actual direct labor cost of $2.160 for 144 direct labor hours. Provide the journal entry for direct Iabor usage for the month of September for Party-On!. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list Journal entry worksheet Record the direct labor usage, labor rate variance and efficiency variance. Note: Enter debits before credits. Transaction General Journal Debit Credit a Record entry Clear entry View general journal