Chasse Homes Inc. manufactures mobile homes. Chasse uses a job order cost system. The time tickets from October jobs are summarized below.
|
Job 502 |
$2,352 |
|
Job 503 |
1,440 |
|
Job 504 |
960 |
|
Job 505 |
1,320 |
|
Factory supervision |
2,760 |
Factory overhead is applied to jobs on the basis of a predetermined overhead rate of $20 per direct labor hour. The direct labor rate is $12 per hour.
a. Journalize the entry to record the factory labor costs.
b. Journalize the entry to apply factory overhead to production for October.