question archive During April, Darling Company accumulated 12,000 hours of direct labor costs on Job 50 and 15,000 hours on Job 51

During April, Darling Company accumulated 12,000 hours of direct labor costs on Job 50 and 15,000 hours on Job 51

Subject:FinancePrice:2.89 Bought3

During April, Darling Company accumulated 12,000 hours of direct labor costs on Job 50 and 15,000 hours on Job 51. The total direct labor was incurred at a rate of $21.50 per direct labor hour for Job 50 and $24 per direct labor hour for Job 51. Journalize the entry to record the flow of labor costs into production during April.
 

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Work in Process................................................................................. 618,000*

 

 

Wages Payable.......................................................................... 618,000

 

 

 

 

 

*Job 50 $258,000 = 12,000 hours × $21.50

 

 

Job 51 360,000 = 15,000 hours × $24

 

 

Total $618,000