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Stanfa Corporation's Standard Wage Rate Is $10

Question 42

Multiple Choice

Stanfa Corporation's standard wage rate is $10.50 per direct labor-hour (DLH) and according to the standards,each unit of output requires 8.0 DLHs.In January,3,700 units were produced,the actual wage rate was $10.80 per DLH,and the actual hours were 25,280 DLHs.In the journal entry to record the incurrence of direct labor costs in January,the Work in Process entry would consist of a:


A) debit of $310,800.
B) credit of $273,024.
C) credit of $310,800.
D) debit of $273,024.

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