Business, 15.07.2020 01:01, lilbit404

Dream House Builders, Inc. applies overhead by linking it to direct labor. At the start of the current period, management predicts total direct labor costs of $100,000 and total overhead costs of $20,000. On January 31, the direct labor for this job equals $2,700. Complete the following journal entry by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns. View transaction list
Journal entry worksheet
1
Dream House Bullders, Inc. apples overhead by linking it to direct labor. At the start of the current perlod, management predicts total direct labor costs of $100,000 and total overhead costs of $20,000. On January 31, the direct labor for this job equals $2,700.
Note: Enter debits before credits
Date General Journal Debit Credit
Jan 31 Accounts payable
Record antry Claar antry Viaw gonaral journal

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Dream House Builders, Inc. applies overhead by linking it to direct labor. At the start of the curre...