Recording Factory Labor Costs A summary of the time tickets for September is as follows:...
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Recording Factory Labor Costs A summary of the time tickets for September is as follows: Job No. Amount Job No. Amount 4467 $6,800 4478 $24,562 4470 15,164 4480 27,472 4471 12,838 4497 18,020 Indirect labor 19,040 4501 4,896 a. Determine the amounts of factory labor costs transferred to Work in Process and Factory Overhead for September. Factory labor costs transferred to Work in Process Factory labor ransferred Factory Overhead b. Illustrate the effect on the accounts and financial statements of the factory labor costs transferred in (a). If no account or activity is affected, select "No effect" from the drop-down list and leave the corresponding number entry box blank. Enter account decreases and cash outflows as negative amounts. Balance Sheet Stockholders' Assets Liabilities + Equity + + Statement of Cash Flows Income Statement
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