Entries for Direct Labor and Factory Overhead Townsend Industries Inc, manufactures recreational vehicles. Townsend uses...
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Accounting
Entries for Direct Labor and Factory Overhead Townsend Industries Inc, manufactures recreational vehicles. Townsend uses a job order cost system. The time bed from November jobs are summarized as follows: Job 11-101 $4,800 Job 11-102 2,400 Job 11-103 1,900 3,540 Job 11-104 Factory supervision 1,640 Factory overhead is applied to jobs on the basis of predetermined overhead Pate of $26 per direct labor hour The direct labor rate is 16 per hour If required, round final answers to the nearest dollar a. Journalize the entry to record the factory labor costs. If an amount box does not require an entry leave it blank b. Journalize the entry to apply factory overhead to production for November
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