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snowga snowga
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A year ago
The following information is available for Haven Industries:

Actual production14,000 units
Budgeted production14,400 units
Direct labor:
  Standard4 hours per unit at $10 per hour
  Actual54,720 hours at $9.80 per hour

Which of the following is the correct journal entry to record the direct labor payroll?

▸
Wages Payable560,000​
    Direct Labor Efficiency Variance​12,800
    Direct Labor Rate Variance​10,944
    Work in Process Inventory​536,256


▸
Work in Process Inventory536,256​
Direct Labor Efficiency Variance12,800​
Direct Labor Rate Variance10,944​
    Wages Payable​560,000


▸
Work in Process Inventory560,000​
    Direct Labor Efficiency Variance​12,800
    Direct Labor Rate Variance​10,944
    Wages Payable​536,256


▸
Wages Payable536,256​
Direct Labor Efficiency Variance12,800​
Direct Labor Rate Variance10,944​
    Work in Process Inventory​560,000
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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eminemluvr87eminemluvr87
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A year ago
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snowga Author
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