Atlantic Manufacturing Company uses standard costing methodology in their journal entries and accounts. Standards for direct labor are as follows:
$$\begin{array} { l l l l }
\text { Hours per unit } & 0.5 & \text { Price per hour } & \$ 18.00
\end{array}$$
Actual direct labor for the month: 1,200 hours for a total cost of $24,000
Planned production for the month: 3,000 units
The journal entry to record the usage of direct labor would be to:

Question

Atlantic Manufacturing Company uses standard costing methodology in their journal entries and accounts. Standards for direct labor are as follows:
$$\begin{array} { l l l l } 
\text { Hours per unit } & 0.5 & \text { Price per hour } & \$ 18.00
\end{array}$$
Actual direct labor for the month: 1,200 hours for a total cost of $24,000
Planned production for the month: 3,000 units
The journal entry to record the usage of direct labor would be to:

Quizplus · Accepted Answer

The Answer of Atlantic Manufacturing Company uses standard costing methodology in their journal entries and accounts. Standards for direct labor are as follows:
$$\begin{array} { l l l l } 
\text { Hours per unit } & 0.5 & \text { Price per hour } & \$ 18.00
\end{array}$$
Actual direct labor for the month: 1,200 hours for a total cost of $24,000
Planned production for the month: 3,000 units
The journal entry to record the usage of direct labor would be to:

Atlantic Manufacturing Company Uses Standard Costing Methodology in Their Journal Hours per unit 0.5 Price per hour $18.00\begin{array} { l l l l } \text { Hours per unit } & 0.5 & \text { Price per hour } & \$ 18.00\end{array} Hours per unit ​0.5​ Price per hour ​$18.00​

Atlantic Manufacturing Company Uses Standard Costing Methodology in Their Journal $\begin{array} { l l l l } \text { Hours per unit } & 0.5 & \text { Price per hour } & \$ 18.00\end{array}$