kirsch corportration's standard wage rate is $13.40 per direct labor hour (DLH) and accordingto the...
60.1K
Verified Solution
Link Copied!
Question
Accounting
kirsch corportration's standard wage rate is $13.40 per direct labor hour (DLH) and accordingto the standrads, each unit of output requires 8.9 DLHs in May, 5000 units were produced, the actual wage rate was $12.80 per DLH, and the actual hours were 41790DLHs. in the journal entry to record the incurrence of direct labor costsin May , the WIP entry would be:
a. debit of $596300 b.debit of $534912 c.credit of $534912 d.credit of $596300
plz explain
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
