Question - Moura industries inc. manufactures recreational vehicles. moura uses a job order cost system. the time tickets from august jobs are summarized below
job 410 3,400
job 411 1,700
job 412 1,400
job 413 2,500
factory supervision 1,900
Factory overhead is applied to jobs on the basis of a predetermined overhead rate of 25 per direct labor hour. The direct labor rate is 15 per hour.
Journalize the entry to record the factory labor cost and journalize the entry to apply factory overhead to production for august.