Kenn Company uses a job order cost accounting system. In the last month, the system accumulated labor time tickets totaling $24,800 for direct labor and $4,400 for indirect labor. These costs were accumulated in Factory Payroll as they were paid. Which entry should Kenn make to assign the Factory Payroll? Goods in Process Inventory 24,800 Factory Overhead 4,400 Accrued Wages Payable 29,200 Goods in Process Inventory 29,200 Factory Payroll 29,200 Payroll Expense 29,200 Cash 29,200 Goods in Process Inventory 24,800 Factory Overhead 4,400 Factory Payroll 29,200 Payroll Expense 24,800 Factory Overhead 4,400 Factory Payroll 29,200

Kenn Company uses a job order cost accounting system. In the last month, the system accumulated labor time tickets totaling $24,800 for direct labor and $4,400 for indirect labor. These costs were accumulated in Factory Payroll as they were paid. Which entry should Kenn make to assign the Factory Payroll?

    
  Goods in Process Inventory     24,800        
  Factory Overhead     4,400        
           Accrued Wages Payable           29,200 
   
  Goods in Process Inventory     29,200        
           Factory Payroll           29,200 
   
  Payroll Expense     29,200        
           Cash           29,200 
   
  Goods in Process Inventory     24,800        
  Factory Overhead     4,400        
           Factory Payroll           29,200 
   
  Payroll Expense     24,800        
  Factory Overhead     4,400        
           Factory Payroll           29,200 

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