June 30 Jobs 34 and 35 are scheduled for completion in the first week of July. S
ID: 2476140 • Letter: J
Question
June 30
Jobs 34 and 35 are scheduled for completion in the first week of July.
Salaries and wages for the period of June 16 to June 30 must be recorded for direct labor, indirect labor, and office salaries and wages.
1. Direct labor for the period is $8,496.00 and is charged to Raw and in-process inventory.
2. Indirect labor for the period is $1200.00 and is charged to manufacturing overhead.
3. Office salaries and wages for the period is $2,900.00 and is charged to office salaries and wages expense.
what is the journal entry for this?
Explanation / Answer
Journal Entries
1) Work in Process Dr 8496
To Direct Labour 8496
2) Factory Overhead Dr 1200
To Labour 1200
3) Wages and salaries Dr 2900
To Wages & Salaries Payable 2900