June 30 - Record direct and indirect labor Salaries and wages for the period of
ID: 2460762 • Letter: J
Question
June 30 - Record direct and indirect labor
Salaries and wages for the period of June 16 through June 30 must be recorded for direct labor, indirect labor, and office personnel. Record each transaction as a separate entry.
1.) Direct Labor (DRLAB) for the period totals $8,496.00 and is charged to the Raw and in Process Inventory account.
2.) Indirect labor (INLAB) for the period totals $1,200.00 and is charged to the Manufacturing Overhead account.
3.) Office salaries and wages (OFSAL) of $2,900.00 are charged to the Office Salaries and Wages Expense account.
What are the journal entries?
Explanation / Answer
PARTICULLAR DEBIT CREDIT 1 WORK IN PROESS INVENTORY $8496 DIRECT LABOUR $8496 2 MANUFACTURING OVERHEAD $1200 INDIRECT LABOUR $1200 3 OFFICE SALARIES & WAGES EXPENSES $2900 OFFICE SALARIES & WAGES $2900