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                             $6,240Job 202                              7,000Job 203                              5,210Job 204                              6,750Factory supervision           4,000Factory 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.a. Journalize the entry to record the factory labor costs.b. Journalize the entry to apply factory overhead to production for November.

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Asked Jan 20, 2020
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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.
a. Journalize the entry to record the factory labor costs.
b. Journalize the entry to apply factory overhead to production for November.

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Step 1

a.

Prepare journal entry to record ...

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