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12. Viaje Manufacturing incurred P106,000 of direct labor and P11,000 of indirect labor. The proper journal entry to record these events would include a debit to Work in Process for: a. PO because Work in Process should be credited. b. PO because Work in Process is not affected. C. P11,000. d. P106,000.

12. Viaje Manufacturing incurred P106,000 of direct labor and P11,000 of indirect labor. The proper journal entry to record these events would include a debit to Work in Process for: a. PO because Work in Process should be credited. b. PO because Work in Process is not affected. C. P11,000. d. P106,000.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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12. Viaje Manufacturing incurred P106,000 of direct labor and P11,000 of indirect labor. The proper journal entry to record these events would include a debit to Work in Process for: a. PO because Work in Process should be credited. b. PO because Work in Process is not affected. C. P11,000. d. P106,000. 13. The following information relates to October: Production supervisor's salary: P2,500 Factory maintenance wages: 250 hours at P8 per hour The journal entry to record the preceding information is: a. Factory Overhead Control 4,500 Wages Payable 4,500 b. Wages Payable 4,500 Applied manufacturing Overhead 4,500 4,500 C. Work-in-Process Inventory Wages Payable d. Work-in-Process Inventory Manufacturing Overhead Wages Payable 4,500 2,500 2,000 4,500
Transcribed Image Text:12. Viaje Manufacturing incurred P106,000 of direct labor and P11,000 of indirect labor. The proper journal entry to record these events would include a debit to Work in Process for: a. PO because Work in Process should be credited. b. PO because Work in Process is not affected. C. P11,000. d. P106,000. 13. The following information relates to October: Production supervisor's salary: P2,500 Factory maintenance wages: 250 hours at P8 per hour The journal entry to record the preceding information is: a. Factory Overhead Control 4,500 Wages Payable 4,500 b. Wages Payable 4,500 Applied manufacturing Overhead 4,500 4,500 C. Work-in-Process Inventory Wages Payable d. Work-in-Process Inventory Manufacturing Overhead Wages Payable 4,500 2,500 2,000 4,500
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