If Department G Uses $53,000 of Direct Labor and Department

True/False

If Department G uses $53,000 of direct labor and Department H uses $21,000 of direct labor,the following journal entry would be recorded by the process cost accounting system:
$\begin{array}{llr} \text {Goods in Process Inventory, Department G } &53,000\\ \text { Goods in Process Inventory, Department H } &21,000\\ \text { Factory Payroll} &&74,000\end{array}$