Entry for Factory Labor Costs A summary of the time tickets is as follows: Job No. Amount 100 $3,560 101 2,950 104 5,410 108 6,230 Indirect 18,970 111 3,800 115 2,490 117 16,880 Journalize the entry to record the factory labor costs. If an amount box does not require an entry, leave it blank.

Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.