Ex 16-8 entries for direct labor and factory overhead obj . 2 townsend industries inc. manufactures recreational vehicles. townsend uses a job order cost system. the time tickets from november jobs are summarized as follows: job 11-101 $6,240 job 11-102 9,000 job 11-103 7,210 job 11-104 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.

Retail industry fundamentals credential exam, part 1 all answers

Which of the following is usually not one of the top considerations in choosing a country for a facility location? a. availability of labor and labor productivityb. attitude of governmental unitsc. location of marketsd. zoning regulationse. exchange rates

Need with an adjusting journal entrycmc records depreciation and amortization expense annually. they do not use an accumulated amortization account. (i. e. amortization expense is recorded with a debit to amort. exp and a credit to the patent.) annual depreciation rates are 7% for buildings/equipment/furniture, no salvage. (round to the nearest whole dollar.) annual amortization rates are 10% of original cost, straight-line method, no salvage. cmc owns two patents: patent #fj101 and patent #cq510. patent #cq510 was acquired on october 1, 2016. patent #fj101 was acquired on april 1, 2018 for $119,000. the last time depreciation & amortization were recorded was december 31, 2017.before adjustment: land: 348791equpment and furniture: 332989building: 876418patents 217000