ile Edit View History Bookmarks People Window Help M McGraw-Hill Connect | Error

Question

ile Edit View History Bookmarks People Window Help M McGraw-Hill Connect | Error F x M connect.mheducation.com x ? ezto.mheducation.com/hm.tp s Bookmarks A weekly time ticket for Joyce Caldwell follows: Dates: Monday 8/12-Friday 8/16, 2016 Direct Labor Time Ticket Ticket Number: TT338 Employee: Joyce Caidwell Time Started Time Ended Total Hours Job Date 8/12/2016 7:00 AM 8/13/2016 7:00 AM 7:00 AM 7:00 AM 815/2016 12:00 PM 8/16/2016 7:00 AM Job 271 8 hoursJob 271 8 hours Job 272 Job 272 3:00 PM 8 hours 3:00 PM8 8/14/2016 8/15/2016 3:00 PM 11:00 AM 4:00 PM 4 hours 4 hours Maintenance 3:00 PM8 hours 40 hours x$30 $1,200 Job 273 Weekly Total Hourly Labor Rate Total Wages Eaned Required Prepare a journal entry to record Joyce's wages. (If no entry is required for a transaction/event, select "No J field.) View transaction list 1 Record Joyce's wages to be paid at a later date.

Explanation / Answer

Direct labour = Job 271 ( 8 hours + 8 hours ) * $30 + Job 272 ( 8 hours + 4 hours ) *$ 30 + Job 273 ( 8 hours * $30) = $480 + $360 + $240 = $ 1080

Indirect labour = Maintenance (4 hours * $30 ) = $120

Journal entry :-

WIP $ 1080 Manufacturing Overhead $ 120 Factory Payroll $ 1200

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