he following data on
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The following data on XYZ Corp workers idle time are as follows:
Employee Name | Classification | Normal Idle Time | Abnormal Idle Time | Wage Rate per hour |
Hans | Factory Supervisor | 6 | 2 | $400 |
Cielo | Factory Laborer | 8 | 2 | $250 |
Kyle | Factory Laborer | 8 | 2 | $250 |
Required: Prepare the
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- eBook Recording Factory Labor Costs A summary of the time tickets for September is as follows: Job No. Amount Job No. Amount 4467 $8,300 4478 $29,980 4470 18,509 4480 33,532 4471 15,670 4497 21,995 Indirect labor 23,240 4501 5,976 a. Determine the amounts of factory labor costs transferred to Work in Process and Factory Overhead for September. Factory labor costs transferred to Work in Process $fill in the blank 1 Factory labor costs transferred to Factory Overhead $fill in the blank 2 b. Illustrate the effect on the accounts and financial statements of the factory labor costs transferred in (a). If no account or activity is affected, select "No effect" from the drop-down list and leave the corresponding number entry box blank. Enter account decreases and cash outflows as negative amounts. Balance Sheet Assets = Liabilities + Stockholders' Equity + = + fill in the blank 7 fill in the blank 8 fill in…4.Entry for Factory Labor CostsThe weekly time tickets indicate the following distribution of labor hours for three direct labor employees: Hours Job 301 Job 302 Job 303 ProcessImprovementLandon Vincento 9 18 11 2 Fahad Hamad 11 15 13 1 Ivory Argo 8 20 9 3 The direct labor rate earned per hour by the three employees is as follows:Landon Vincento $35Fahad Hamad 36Ivory Argo 28The process improvement category includes training, quality improvement, and other indirect tasks.Question Content Areaa. Journalize the entry to record the factory labor costs for the week. If an amount box does not require an entry, leave it blank.blank - Select - - Select - - Select - - Select - - Select - - Select - Question Content Areab. Assume that Jobs 301 and 302 were completed but not sold during the week and that Job 303 remained incomplete at the end of the week. How…
- Harper Company uses a job order cost system. Journalize the entries for materials and labor, based on the following data:Raw materials issued: Job No. 609, $850; for general use in factory, $600Labor time tickets: Job No. 609, $1,600; $400 for supervision If an amount box does not require an entry, leave it blank. fill in the blank 2 fill in the blank 3 fill in the blank 5 fill in the blank 6 fill in the blank 8 fill in the blank 9 fill in the blank 11 fill in the blank 12 fill in the blank 14 fill in the blank 15 fill in the blank 17 fill in the blank 18Journalize the following labor-related transactions for Crystal Creations, Inc. at its plant in Portland, Oregon. Assume that the labor has been incurred, but not yet paid. Plant janitor's wages 24 630 Plant furnace operator's wages 950 Glass blower's wages 81,000 Journalize the transactions. (Record debits first, then credits. Exclude explanations from any journal entries. Prepare a single compound journal entry.) Date Accounts Credit DebitHow much is Work in Process-Direct Labor?
- The weekly time tickets indicate the following distribution of labor hours for three direct labor employees: Hours Job 301 Job 302 Job 303 ProcessImprovement Landon Vincent 17 13 9 4 Fahad Hamad 10 13 13 3 Ivory Argo 11 17 8 5 The direct labor rate earned per hour by the three employees is as follows: Landon Vincent $23 Fahad Hamad 17 Ivory Argo 20 The process improvement category includes training, quality improvement, and other indirect tasks. Question Content Area 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. blank - Select - - Select - - Select - - Select - - Select - - Select -Please do not give solution in image formatThe following information relates to the manufacturing operations of Delicious Co. during the month of January. The company uses job order costing. Please do the following journal entries.