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Factory Labor Costs - Factory Labor Costs...

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Factory Labor Costs Companies assign factory labor costs to jobs on the basis of time tickets prepared when the  work is performed.  The  time ticket  indicates the employee, the hours worked, the account and job  to be charged, and the total labor cost. Many companies accumulate these data through the use of bar  coding and scanning devices. When they start and end work, employees scan bar codes on their  identification badges and bar codes associated with each job they work on. When direct labor is  involved, the time ticket must indicate the job number, as shown in Illustration  15-8 . The employee's  supervisor should approve all time tickets.     Illustration 15-8    Time ticket The time tickets are later sent to the payroll department, which applies the employee's hourly wage  rate and computes the total labor cost. Finally, the company journalizes the time tickets. It debits the 
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