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    Chelsea Tool Corporation JE wages overhead

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    Chelsea Tool Corporation, a machine tool manufacturing company, incurred the following wage costs on employees during June, 2009:
    Forklift operator in the factory $2,000
    Plant supervisor $8,000
    Marketing manager $6,000
    Assemblers $4,000
    Welders of manufactured machine $5,000

    a. Dr. Manufacturing Overhead $25,000
    Cr. Wages Payable $25,000

    b. Dr. Manufacturing Overhead $19,000
    Dr. Selling Expense $6,000
    Cr. Wages Payable $25,000

    c. Dr. Manufacturing Overhead $10,000
    Dr. Work in Process Inventory $9,000
    Dr. Selling Expense $6,000
    Cr. Wages Payable $25,000

    d Dr. Manufacturing Overhead $15,000
    Dr. Work in Process Inventory $4,000
    Dr. Selling Expense $6,000
    Cr. Wages Payable $25,000

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    https://brainmass.com/business/accounting/chelsea-tool-corporation-je-wages-overhead-479618

    Solution Preview

    Chelsea Tool Corporation, a machine tool manufacturing company, incurred the following wage costs on employees during June, 2009:
    Forklift operator in the factory ...

    Solution Summary

    The following posting helps with accounting journal entries.

    $2.19

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