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Entry for Factory Labor Costs The weekly time tickets indicate the following dis

ID: 2601618 • Letter: E

Question

Entry for Factory Labor Costs

The weekly time tickets indicate the following distribution of labor hours for three direct labor employees:

The direct labor rate earned per hour by the three employees is as follows:

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.

Hours Job 301 Job 302 Job 303 Process
Improvement
Tom Couro 20 12 8 4 David Clancy 9 18 15 4 Jose Cano 13 13 10 5

Explanation / Answer

a. Journal Entry :

WIP Factory Overhead Tom 40*18=720 4*18=72 David 42*25=1050 4*25=100 Jose 36*21=756 5*21=105 TOTAL $2526 $277