### Direct Labor CostsDuring August, Carrothers Company accumulated 790 hours of direct labor costs on Job 50 and 500 hours on Job 56. The total direct labor was incurred at a rate of $15 per direct labor hour for Job 50 and $13 per direct labor hour for Job 56.Journalize the entry to record the flow of labor costs into production during August. If an amount box does not require an entry, leave it blank.**Journal Entry:**| Account Title | Debit | Credit || :--- | :---: | :---: || | | || | | |**Detailed Explanation:**To compute the total direct labor cost incurred for each job:- For Job 50: - Direct labor hours = 790 hours - Rate per direct labor hour = $15 - Total direct labor cost = 790 hours * $15/hour = $11,850- For Job 56: - Direct labor hours = 500 hours - Rate per direct labor hour = $13 - Total direct labor cost = 500 hours * $13/hour = $6,500Next, you would record these costs in the appropriate accounts in your journal entry to reflect the labor costs incurred during August.

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Description: ### Direct Labor CostsDuring August, Carrothers Company accumulated 790 hours of direct labor costs on Job 50 and 500 hours on Job 56. The total direct labor was incurred at a rate of $15 per direct labor hour for Job 50 and $13 per direct labor hou

Total direct labor cost: Job 50 (790 hours * $ 15) $ 11,850 Job 56 (500 hours * $ 13) $ 6,500…

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Direct Labor Costs August, Carrothers Company accumulated 790 hours of direct labor costs on Job 50 and 500 hours on Job 56. The total direct labor was incurred at a rate of $15 per direct labor hour for Job 50 and $13 per direct labor hour for Job During 56. Journalize the entry to record the flow of labor costs into production during August. If an amount box does not require an entry, leave it blank.

Direct Labor Costs August, Carrothers Company accumulated 790 hours of direct labor costs on Job 50 and 500 hours on Job 56. The total direct labor was incurred at a rate of $15 per direct labor hour for Job 50 and $13 per direct labor hour for Job During 56. Journalize the entry to record the flow of labor costs into production during August. If an amount box does not require an entry, leave it blank.

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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Can anyone do an example journal ledger for this problem?