Business, 23.03.2020 18:18 Tahliyah9420

A summary of the time tickets for August follows:

Description Amount
Job 321 $11,000
Job 329 9,200
Job 336 3,000
Job 342 8,300
Job 346 5,700
Indirect labor 3,000

Present the journal entries to record (a) the labor cost incurred and (b) the application of factory overhead to production for August. The factory overhead rate is 70% of direct labor cost.

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A summary of the time tickets for August follows:

Description Amount
Job 321 $11,0...