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Direct Labor Hours
Direct Labor Hours
This transaction may be performed only if the Shop Floor Control module is installed; otherwise, the labor cost is generated at standard when the manufacturing order receipt is processed.
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1
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labor hour recorded
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5.0000000
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accounting standard labor rate per hour - labor rate 1
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2.0000000
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accounting standard labor rate per hour - labor rate 2
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1.0000000
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accounting standard burden rate per hour, applied to machine rate 4
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3.0000000
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accounting standard burden (overhead) rate per hour, applied to labor rate 3
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DR
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Work In Process
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10.00
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CR Accrued Labor - Rate 1
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5.00
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CR Accrued Labor - Rate 2
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2.00
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CR Accrued Burden - Rate 3
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3.00
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Indirect and Setup Labor is not costed. These costs should be reflected in the burden rate.