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Journalize the entry to record the factory labor costs

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Reference no: EM132823973

Recording Labor Costs and Overhead

A summary of the daily time records for the current month are as follows:

Job No.                        Amount

500                      P 3,8750

503                       4,500

504                      5,600

Indirect               12,500

(Factory supervision)

510                    7,860

Problem 1: Journalize the entry to record the factory labor costs and applied factory overhead.

Reference no: EM132823973

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