I was wondering if I could get an explanation. Thank you.
Total cost of purchasing material: $15,000
Number of labor hours worked: 450 hours
Number of material pounds used in production: 2,000 pounds
Number of units produced: 200 units
Number of material pounds purchased: 1,500 pounds
Total labor cost :$12,500
Leslie Company has established the following standards:
Price per pound of materials: $8.00 per pound
Standard labor rate: $30.00 per hour
During the year, Rocky Company DEBITED Work-in-Process Inventory for a total of $12,000 of direct labor cost. Given these data, which ONE of the following PAIRS would be included in the summary journal entry needed to record the information related to DIRECT LABOR? Note: Assume that the wages have not yet been paid in cash.