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Business, 12.04.2021 21:50 shaelyn0920

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. Date Account Title Debit Credit
Jan. 31 Goods in Process Inventory--Job $540
Factory Overhead $540

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