Manufactures recreational vehicles-job order cost system

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Reference no: EM131287848

Towsen Inc. manufactures recreational vehicles. Towsen uses a job order cost system. The time tickets from July jobs are summarized below.

Job 410 $5,430

Job 411 $2,710

Job 412 $2,140

Job 413 $4,000

Factory supervision $1,860 F

actory overhead is applied to jobs on the basis of a predetermined overhead rate of $26 per direct labor hour. The direct labor rate is $17 per hour which you can use to calculate the hours worked. 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 July.

Reference no: EM131287848

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