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Needles Manufacturing pays its direct labor employees $25 per hour. During the current period, 640...

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Accounting

Needles Manufacturing pays its direct labor employees $25 per hour. During the current period, 640 direct labor hours were recorded on employee time cards, and the company actually paid its direct labor employees $14,600.
Prepare the summary journal entry to record:
Direct labor costs applied to all jobs during the period.
Direct labor wages paid during the period.
What is the balance of the Direct Labor account at the end of the period?

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