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Penn Company Uses a Job Order Cost Accounting System

Question 137

Multiple Choice

Penn Company uses a job order cost accounting system.In the last month, the system accumulated labor time tickets totaling $24,600 for direct labor and $4,300 for indirect labor.These costs were accumulated in Factory Payroll as they were paid.Which entry should Penn make to assign the Factory Payroll? Penn Company uses a job order cost accounting system.In the last month, the system accumulated labor time tickets totaling $24,600 for direct labor and $4,300 for indirect labor.These costs were accumulated in Factory Payroll as they were paid.Which entry should Penn make to assign the Factory Payroll? A) A B) B C) C D) D E) E


A) A
B) B
C) C
D) D
E) E

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