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

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

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