Prepare a journal entry to record the total factory payroll, Financial Accounting

Assignment Help:

Time tickets for factory employees during the month of August are summarized as follows. Prepare a journal entry to record the total factory payroll, the indirect payroll and the direct payroll. You may exclude explanations

JOb 919..................$ 9,800
Job 920................... 14,650
job 921.................... 12,250
job 922......................16,000
total direct labor.......$52,700
Indirect Labor...........16,800
Total Labor Cost.......$69,500

 


Related Discussions:- Prepare a journal entry to record the total factory payroll

Fund accounting, Fund Accounting - Method of ACCOUNTING and presentation wh...

Fund Accounting - Method of ACCOUNTING and presentation whereby LIABILITIES and ASSETS are grouped according to the purpose for that they are to be used. Normally used by governmen

Estimate the systematic risk of the new investment, Q. Estimate the systema...

Q. Estimate the systematic risk of the new investment? The beta of the comparator company will be utilized to estimate the systematic risk of the new investment. No un-gearing

Example of equalancy the price ratio, Natasha's income is $300 per month. S...

Natasha's income is $300 per month. She spends all of it on tickets to concerts and films. A concert ticket costs $15 and a fi lm ticket costs $10. Her marginal rate of substitutio

Depreciation, The non current asset section of Aadil & Co. at December 31, ...

The non current asset section of Aadil & Co. at December 31, 2005 is as under:- Land Rs. 1,000,000 Office equipment Rs. 5,000,000 Less: accumulated depreciation 250,000 4,75

Conversion into a company-partnership, CONVERSION INTO A COMPANY The part...

CONVERSION INTO A COMPANY The partners may convert their business and trade in form of a company. This may be due to some of the advantages a company has over a partnership. E.g.

Best estimate for morningside''s cost of equity, Morningside nursing Home, ...

Morningside nursing Home, a not-for-profit corporation, is estimating its corporate cost of capital.  Its tax-exempt debt currently requires an interest rate of 6.2 percent and its

General limitations of net present value, General limitations of Net Presen...

General limitations of Net Present Value when applied to investment appraisal NPV is a generally used technique employed in investment appraisal but is subject to a number of r

Straight-line discount amortization, Heathrow issues $2,000,000 of 6%, 15-y...

Heathrow issues $2,000,000 of 6%, 15-year bonds dated January 1, 2011, that pay interest semiannually on June 30 and December 31. The bonds are issued at a price of $1,728,224.

Leases, Company A(lessee) will rent inventory for you for 3 years rather th...

Company A(lessee) will rent inventory for you for 3 years rather than buying it for the regular price of $240,000. Normally these units, which cost us $120,000 to produce, will las

Sunk cost and opportunity cost., In the NPV analysis, sunk cost is not rele...

In the NPV analysis, sunk cost is not relevant whereas opportunity cost is for project evaluation. Requirements: Describe and justify the above statement about sunk cost an

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd