Entries for direct labor and factory overhead townsend industries inc. manufactures recreational vehicles. townsend uses a job order cost system. the time tickets from november jobs are summarized as follows: job 11-101 $6,240 job 11-102 9,000 job 11-103 7,210 job 11-104 6,750 factory supervision 4,000 factory overhead is applied to jobs on the basis of a predetermined overhead rate of $18 per direct labor hour. the direct labor rate is $40 per hour. a. journalize the entry to record the factory labor costs. if an amount box does not require an entry, leave it blank.

Jennifer purchased a house in a brand new development in the outskirts of town. when her house was built, the nearest fire department was nearly 20 miles away. as her neighborhood developed, the density of the community called for a new fire department 1.5 miles away. what effect will the new fire station have on her homeowners insurance premium? a. a new fire department will be more demanding on local taxes. her annual premium will go up. b. the location of a fire department has no bearing on the value of her house. her annual premium will stay the same. c. the new fire department will reduce the risk of financial loss in her home. her annual premium should decrease. d. with a fire department so close (less than 5 miles), financial risk on jennifer’s home practically disappears. she will not need to pay insurance anymore.