Oxford Company Uses a Job Order Costing System

question 192

Multiple Choice

Oxford Company uses a job order costing system.In the last month,the system accumulated labor time tickets total $24,600 for direct labor and $4,300 for indirect labor.How are these costs recorded?

• A)Debit Payroll Expense $28,900; credit Cash $28,900.
• B)Debit Payroll Expense $24,600; debit Factory Overhead $4,300; credit Factory Wages Payable $28,900.
• C)Debit Work in Process Inventory $24,600; Debit Factory Overhead $4,300; Credit Factory Wages Payable $28,900.
• D)Debit Work in Process Inventory $24,600; credit Factory Wages Payable $28,900.
• E)Debit Work in Process Inventory $28,900; credit Factory Wages Payable $28,900.

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Definitions:

Suspicious Alliances

Partnerships or agreements that may raise concerns or doubts about the motives or intentions of the involved parties.

Slavery

A system in which individuals are owned by others, deprived of personal freedom and compelled to perform labor or services.

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Thinkers and scholars who study questions about politics, including the nature of justice, the relationship between government and the governed, and the organization of societies.

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