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221 HW4 Ch 21 Esc ht-player/index.html/launchld=bb834f1b-c0e6-41ea-a597-37958f0eb38b/question/1 Question 2 of 10 < > View Policies Current Attempt in Progress -/1 E Ivanhoe Company purchases $54,000
221 HW4 Ch 21 Esc ht-player/index.html/launchld=bb834f1b-c0e6-41ea-a597-37958f0eb38b/question/1 Question 2 of 10 < > View Policies Current Attempt in Progress -/1 E Ivanhoe Company purchases $54,000 of raw materials on account, and it incurs $64,800 of factory labor costs. Supporting records show that (a) the Assembly Department used $25,920 of direct materials and $37,800 of direct labor, and (b) the Finishing Department used the remainder. Journalize the assignment of the costs to the processing departments on March 31. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Mar. 31 Work in Process-Assembly 4 Type here to search 31 Work in Process-Finishing Manufacturing Overhead (To record materials used) +4 NWP Assessment P Debit 60480 43200 Credit 103680 9:22 AM 2/2/2023 Home End Insert Delete 26 412 Backspace
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