Entry for Factory Labor Costs The weekly time tickets indicate the following distribution of labor hours for three direct labor employees: Hours Process Job 301 Job 302 Job 303 Improvement Tom Couro 17 14 9 3 David Clancy 12 16 14 2 Jose Cano 13 15 11 The direct labor rate earned per hour by the three employees is as follows: Tom Couro $24 David Clancy 19 Jose Cano 22 The process improvement category includes training, quality improvement, housekeeping, and other indirect tasks. (Note: Ignore any overtime issues, if applicable.) a. Journalize the entry to record the factory labor costs for the week. If an amount box does not require an entry, leave it blank. Work in Process v Factory Overhead v Wages Payable v

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Entry for Factory Labor Costs
The weekly time tickets indicate the following distribution of labor hours for three direct
labor employees:
Hours
Process
Job 301
Job 302
Job 303
Improvement
Tom Couro
17
14
David Clancy
12
16
14
2
Jose Cano
13
15
11
6
The direct labor rate earned per hour by the three employees is as follows:
Tom Couro
$24
David Clancy
19
Jose Cano
22
The process improvement category includes training, quality improvement,
housekeeping, and other indirect tasks. (Note: Ignore any overtime issues, if
applicable.)
a. Journalize the entry to record the factory labor costs for the week. If an amount box
does not require an entry, leave it blank.
Work in Process
Factory Overhead
Wages Payable v
Feedback
Transcribed Image Text:Entry for Factory Labor Costs The weekly time tickets indicate the following distribution of labor hours for three direct labor employees: Hours Process Job 301 Job 302 Job 303 Improvement Tom Couro 17 14 David Clancy 12 16 14 2 Jose Cano 13 15 11 6 The direct labor rate earned per hour by the three employees is as follows: Tom Couro $24 David Clancy 19 Jose Cano 22 The process improvement category includes training, quality improvement, housekeeping, and other indirect tasks. (Note: Ignore any overtime issues, if applicable.) a. Journalize the entry to record the factory labor costs for the week. If an amount box does not require an entry, leave it blank. Work in Process Factory Overhead Wages Payable v Feedback
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