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  3. 43. a summary of the time tickets for august follo

43. A summary of the time tickets for August follows: ...

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Accounting

43. A summary of the time tickets for August follows:

Description

Amount

Description

Amount

Job No. 321

$11,000

Job No. 342

$8,300

Job No. 329

8,200

Job No. 346

5,700

Job No. 336

2,000

Indirect labor

5,000

Present the journal entries to record (a) the labor cost incurred and (b) the application of factory overhead to production for August. The factory overhead rate is 70% of direct labor cost.

JOURNAL

Date Post. DR CR

(a)

(b)

Please Help.

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