What is the correct journal entry to record direct labor when the actual labor mix is favorable and the total standard hours allowed is greater than the total actual hours worked?

A.

Work in Process InventoryXXX 
Direct labor yield variance XXX
Direct labor mix variance XXX
Wages Payable XXX

B.
Finished Goods InventoryXXX 
Direct labor yield variance XXX
Direct labor mix variance XXX
Work in Process Inventory XXX

C.
Work in Process InventoryXXX 
Direct labor yield varianceXXX 
Direct labor mix varianceXXX 
Wages Payable XXX

D.
Finished Goods InventoryXXX 
Direct labor mix varianceXXX 
Direct labor yield variance XXX
Work in Process Inventory XXX


Answer: A

Business

You might also like to view...

To treat family and nonfamily employees as similarly as possible in a business, it is important to:

A. create career ladders for nonfamily members. B. provide favorable treatment to nonfamily members. C. have separate personnel policies for family and nonfamily members. D. guarantee the possibility of employee ownership.

Business

Fair use applies if you are not using enough of the original to ________________

a. recognize it b. affect its value c. provide a fair representation d. accurately depict its meaning

Business

Revise the following sentence to express the idea using the "you" view: All applicants must complete the attached form by December 1

Business

A limited liability company (LLC) formed in one state but doing business in another state is referred to in the second state as a foreign LLC.

Answer the following statement true (T) or false (F)

Business