Under a job order cost system costs are accumulated for
Asked by admin @ in Business viewed by 391 People
Oxford Company uses a job order costing system. In the last month, the system accumulated labor time tickets total $24.600 for direct labor and $4,300 for indirect labor. These costs were accumulated in Factory Payroll as they were paid, which entry should Oxford make to record the indirect labor used?
A) Debit Factory Overhead $4,300, credit Factory Wages Payable $28.900
B) Debit Payroll Expense 524.600credit Factory Wages Payable $28,900.
C) Debit Payroll Expense $28,900, credit Cash $28.900
D) Debit Work in Process Inventory $20,900 credit Factory Wages Payable $28.900.
E) Debit Work in Process Inventory $24600, credit Wages Payable $28.900