The document presents a question regarding the recording of direct labor costs in the general ledger, specifically focusing on the Labor Efficiency Variance account. It provides four possible answers: P4,500 credit, P4,200 debit, P4,500 debit, and P4,200 credit. The question is worth 2 points.
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Cba 11
The document presents a question regarding the recording of direct labor costs in the general ledger, specifically focusing on the Labor Efficiency Variance account. It provides four possible answers: P4,500 credit, P4,200 debit, P4,500 debit, and P4,200 credit. The question is worth 2 points.
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11.
To record the incurrence of direct labor cost and is use in production, the general ledger would include what amount to Labor Efficency Variance account? (2 Points) P4,500 credit. P4,200 debit. P4,500 debit. P4,200 credit.