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Exercise - Recording Labor Cost in Job-Order Costing
Johnson Products had the following labor time tickets for the month of February.
Ticket#
Employee#
Pay Rate
Hours Worked
Job#
2101
011
$10.00
110
201
2102
008
21.00
90
2103
12.00
40
2104
20.00
50
202
2105
18.00
70
203
Required - Summarize the labor time tickets and prepare a journal entry to record direct labor for the month.
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