A summary of the time tickets for the current month follows: Job No. Amount
100 $2,060
101 1,710
104 3,130
108 3,520
Indirect labor 10,980
111 2,150
115 1,410
117 9,540

Required:
Journalize the entry to record the factory labor costs.

Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance