Penn Company Uses a Job Order Cost Accounting System $\begin{array}{llr} \text { Payroll Expense } &28,900\\ \text { Cash} &&28,900\\\end{array}$

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?
(A)
$\begin{array}{llr} \text { Payroll Expense } &28,900\\ \text { Cash} &&28,900\\\end{array}$

(B)
$\begin{array}{lr}\text { Payroll Expense } & 24,600 \\\text { Factory Overhead } & 4,300 \\\text { Factorv Pavroll } &&28,900\end{array}$

(C)
$\begin{array}{lr}\text { Goods in Process Inventory } & 24,600 \\ \text { Factory Overhead } & 4,300 \\\text { Factory Payroll }&&28,900\end{array}$


(D)
$\begin{array}{l}\text { Goods in Process Inventory } & 24,600 \\\text { Factory Overhead } & 4,300\\\text { Accmied Wages Pavable }&&28,900\end{array}$


(E)
$\begin{array}{llr} \text {Goods in Process Inventory } &28,900\\ \text { Factory Payroll } &&28,900\\\end{array}$

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