Recording jobs completed would include a credit to

1. Please answer the following to complete the unit review
question. A. The recording of the factory labor incurred for general
factory use would include a debit to -.Factory Overhead -.Cost of Goods Sold -.Wages Payable -.Wages Expense B. The recording of the jobs completed would include a debit
to -.Factory Overhead -.Cost of Goods Sold -.Finished Goods -.Work in Process C. Recording jobs completed would include a credit to -.Factory Overhead -.Work in Process -.Cost of Goods Sold -.Finished Goods D. Reynolds Manufacturers Inc. has estimated total factory overhead
costs of $95,000 and expected direct labor hours of 9,500 for the
current fiscal year. If job number 117 incurs 2,300 direct labor
hours, Work in Process will be debited and Factory Overhead will be
credited for -.$2,300 -.$23,000 -.$95,000 -.$21,850

Answers:-
1.The recording of the factory labour incurred for general
factory use would include a debit to “factory overhead”
2.The recording of jobs completed include a debit to “finished
goods”
3.The recording of jobs completed include a crebit to “work in
process”
4. work in process a/c Dr. 23000
To factory overhead a/c 23000

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