Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. recording standards in accounts the assembly depar

Recording Standards in Accounts The Assembly Department produced 3,000 units of product during March. Each...

60.1K

Verified Solution

Question

Accounting

image

Recording Standards in Accounts The Assembly Department produced 3,000 units of product during March. Each unit required 1.25 standard direct labor hours. There were 4,000 actual hours used in the Assembly Department during March at an actual rate of $13.5 per hour. The standard direct labor rate is $14.5 per hour. Assuming direct labor for a month is paid on the fifth day of the following month, journalize the direct labor in the Assembly Department on March 31. For a compound transaction, if an amount box does not require an entry, leave it blank. March 31 Cash Direct Labor Time Variance Finished Goods Wages Payable Work in Process

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

Which of the following is NOT directly associated with translation? A) Elongation of the polypeptide B) Formation of...

Chemistry
1.2K views

5.20L of an ethylene glycol/water mixture in a car radiator releases 3520 kJ of heat. If...

Biology
1.2K views

1. List all the reagents (chemicals) and enzymes required to synthesize DNA. Describe how DNA polymerase...

Civil Engineering
1.2K views

How would your typical day be changed without availability of your principal mode of transportation? Consider...

Physics
1.2K views

During launches, rockets often discard unneeded parts. A certain rocket starts from rest on the launch...

Advance Math
1.2K views

What are neural networks, what is their purpose, and what practical applications for these networks in...

Accounting
1.2K views

I need help filing out the actually forms!!! Complete the federal tax return below for...

Accounting
1.2K views

Mann, Inc., had 300,000 shares of common stock issued and outstanding at January 1. On...

Accounting
1.2K views

Barlow Company manufactures three products: A, B, and C. The selling price, variable costs, and...

Accounting
1.2K views

equired information The following information applies to the questions displayed am's Creations had the following...

Accounting
1.2K views

Jessica Grewal decided to open a food truck business, the Samosa Shack. She encountered the...

Accounting
1.2K views

Gotham Company purchased a new machine on October 1, 2022, at a cost of $...