During October, Crusan Corporation incurred $62,000 of direct labor costs and $4
ID: 2503344 • Letter: D
Question
During October, Crusan Corporation incurred $62,000 of direct labor costs and $4,000 of indirect labor costs. The journal entry to record the accrual of these wages would include a: Answer debit to Work in Process of $66,000 credit to Work in Process of $66,000 debit to Work in Process of $62,000 credit to Work in Process of $62,000 During October, Crusan Corporation incurred $62,000 of direct labor costs and $4,000 of indirect labor costs. The journal entry to record the accrual of these wages would include a: During October, Crusan Corporation incurred $62,000 of direct labor costs and $4,000 of indirect labor costs. The journal entry to record the accrual of these wages would include a: debit to Work in Process of $66,000 credit to Work in Process of $66,000 debit to Work in Process of $62,000 credit to Work in Process of $62,000 debit to Work in Process of $66,000 credit to Work in Process of $66,000 debit to Work in Process of $62,000 credit to Work in Process of $62,000Explanation / Answer
Answer :- Option c). Debit to Work in Process of $ 62,000.
Explanation :- Total debit to Work in Process in respect of accrual of wages in the given question = $ 62,000 (Direct labor costs).
Related Questions
Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.