Exercise 20-22 Recording costs of labor P2 Prepare journal entries to record the fallowing production activities. 1 . Incurred 542,000 of direct labor in the Roasting department and S33 = 000 of direct labor in the Blending department (credit Factory Wages Payable). 2. Incurred S20.000 of indirect labor in production (credit Factory Wages Payable). 3. Paid factory payroll of $95 : 000.

FUNDAMENTAL ACCOUNTING PRINCIPLES

25th Edition

ISBN: 9781264303236

Author: Wild

Publisher: MCG

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Textbook Question

Chapter 20, Problem 22E

Exercise 20-22 Recording costs of labor P2

Prepare journal entries to record the fallowing production activities.

1. Incurred 542,000 of direct labor in the Roasting department and S33₌000 of direct labor in the Blending department (credit Factory Wages Payable).
2. Incurred S20.000 of indirect labor in production (credit Factory Wages Payable).
3. Paid factory payroll of $95_:000.

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Chapter 20, Problem 21E

Chapter 20, Problem 23E

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