A summary of the time tickets is as follows: Job No. Amount 100 $2,680 101 2,220 104 4,070 108 4,640 Indirect 14,280 111 2,830 115 1,860 117 12,570 Journalize the entry to record the factory labor costs. If an amount box does not require an entry, leave it blank. blank - Select - - Select - - Select - - Select - - Select - - Select -

Sagot :

The journal entry to record the factory labor costs (as per the time tickets) is as follows:

Journal Entry

Debit Work in Process:

Job 100              $2,680

Job 101                 2,220

Job 104                4,070

Job 108                4,640

Job 111                  2,830

Job 115                 1,860

Job 117               12,570

Debit Factory overhead $14,280

Credit Factory Labor costs $45,150

Data Analysis:

Job No.       Amount

100              $2,680

101                 2,220

104                4,070

108                4,640

111                  2,830

115                 1,860

117               12,570

Factory overhead (Indirect labor costs) $14,280

Thus, the factory labor costs are debited to the Work in Process for various jobs and the factory overhead (indirect costs), while the credit entry goes to the Factory Labor Costs account.

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