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Indirect labor
Hello!
I am looking for some help on this problem: Kim Inc's workers earned $1,680,000 in the month. 1) all wages were pain in cash 2) time tickets for Job790 for the month show 960hrs at an hrly rate of $32hr 3) Indirect labor cost for themonth totaled $576,000. a. how do you prepare the accounting entries for the three transactions during the month? b. how much direct labor was allocated to other jobs during the month? Thank you for your time and help! Julie |
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