Question
BE17-1 Debit credit Raw materials 50000 Account payable 60000 Work In process 60000 Salaries and wages payable 60000 BE17-2 Data for Warner Company are given
BE17-1
Debit credit
Raw materials 50000
Account payable 60000
Work In process 60000
Salaries and wages payable 60000
BE17-2
Data for Warner Company are given in BE17-1. Supporting records show that (a) the Assembly Department used $24,000 of raw materials and $35,000 of the factory labor, and (b) the Finishing Department used the remainder. Journalize the assignment of the costs to the processing departments on March 31.
BE17-3
Factory Labor data for Warner Company are given in BE17-2. Manufacturing overhead is assigned to departments on the basis of 160% of labor costs. Journalize the assignment of overhead o the Assembly and Finishing Departments.
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