Oxford Company uses a job order costing system. In the last month, the system accumulated labor time tickets totaling $2
Posted: Tue Jul 05, 2022 1:36 pm
Oxford Company uses a job order costing system. In the lastmonth, the system accumulated labor time tickets totaling $24,600for direct labor and $4,300 for indirect labor. The journal entryto record indirect labor consists of a:
Multiple Choice
Debit Factory Overhead $4,300; credit Factory Wages Payable$4,300.
Debit Factory Overhead $4,300; credit Work in Process Inventory$4,300.
Debit Work in Process Inventory $4,300; credit Factory WagesPayable $4,300.
Debit Work in Process Inventory $24,600; credit Factory WagesPayable $24,600.
Debit Factory Wages Payable $4,300; credit Cash $4,300.
Multiple Choice
Debit Factory Overhead $4,300; credit Factory Wages Payable$4,300.
Debit Factory Overhead $4,300; credit Work in Process Inventory$4,300.
Debit Work in Process Inventory $4,300; credit Factory WagesPayable $4,300.
Debit Work in Process Inventory $24,600; credit Factory WagesPayable $24,600.
Debit Factory Wages Payable $4,300; credit Cash $4,300.