Essay
The direct labor standards at Lounsbury Corporation are $12.50 per direct labor-hour (DLH) and 6.1 DLHs per unit of output. In November, 4,700 units were produced, the actual wage rate was $12.50 per DLH, and the actual hours were 29,570 DLHs.
Required:
Prepare the journal entry to record the incurrence of direct labor costs.
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