The Assembly Department produced 5,000 units of product during March. Each unit required 2.20 standard direct labor hours

The Assembly Department produced 5,000 units of product during March. Each unit
required 2.20 standard direct labor hours. There were 11,500 actual hours used in the Assembly Department during March at an actual rate of $17.60 per hour. The standard direct labor rate is $18.00 per hour. Assuming direct labor for a month is paid on the fifth day of the following month, journalize the direct labor in the Assembly Department on March 31.

Answer:

Mar. 31 Work in Process
1 

 Direct Labor Time Variance 9,000  
  Direct Labor Rate Variance  4,600 
  Wages Payable
1 
5,000 × 2.20 hrs. × $18.00 
Direct labor time variance: (11,500 – 11,000) × $18.00 = $9,000 U 
Direct labor rate variance: ($17.60 – $18.00) × 11,500 = $4,600 F 
2 
11,500 hours × $17.60 per hour