Colfax Company Incurred Production Labor Costs of $5,400 in February

Multiple Choice

Colfax Company incurred production labor costs of $5,400 in February (payable in March) for work requiring 1,100 standard hours at a standard rate of $15 per hour;1,200 actual direct labor hours were worked.Based on this information,which one of the following would be included in the journal entry to record the labor costs?

A) $16,500 credit to Work-in-process Inventory.
B) $1,500 credit to Labor Efficiency Variance.
C) $16,200 credit to Wages Payable.
D) $1,500 credit to Labor Rate Variance.
E) None of the answer choices is correct.