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Problem - Entries for direct labor and factory overhead

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Problem - Entries for direct labor and factory overhead

Townsend Industries Inc. manufactures recreational vehicles. Townsend uses a job order cost system. The time tickets from November jobs are summarized as follows:

Job 201

$6,240

Job 202

7,000

Job 203

5,210

Job 204

6,750

Factory supervision

4,000

Factory overhead is applied to jobs on the basis of a predetermined overhead rate of $18 per direct labor hour. The direct labor rate is $40 per hour.

Required -

a. Journalize the entry to record the factory labor costs.

b. Journalize the entry to apply factory overhead to production for November.

Reference no: EM132487043

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