BE3.3 (LO 2), AP Direct labor data for Warner Company are given in BE3.2. Manufacturing overhead...
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BE3.3 (LO 2), AP Direct labor data for Warner Company are given in BE3.2. Manufacturing overhead is assigned to departments on the basis of 160% of direct labor costs. Journalize the assignment of overhead to the Assembly and Finishing Departments. Information from BE 3.2: Supporting records show that (a) the Assembly Department used $24,000 of direct materials and $35,000 of direct labor, and (b) the Finishing Department used the remainder. Mar. 31 Work in Process-Assembly Department Work in Process-Finishing Department 24,000 35,000 Manufacturing Overhead 60,000 Mar. 31 Work in Process-Assembly Department Work in Process-Finishing Department 56,000 40,000 Mar. 31 Manufacturing Overhead Manufacturing Overhead Work in Process-Assembly Department Work in Process-Finishing Department 96,000 96,000 56,000 40,000 Mar. 31 Cost of Goods Sold 96,000 Manufacturing Overhead 96,000 BE3.3 (LO 2), AP Direct labor data for Warner Company are given in BE3.2. Manufacturing overhead is assigned to departments on the basis of 160% of direct labor costs. Journalize the assignment of overhead to the Assembly and Finishing Departments. Information from BE 3.2: Supporting records show that (a) the Assembly Department used $24,000 of direct materials and $35,000 of direct labor, and (b) the Finishing Department used the remainder. Mar. 31 Work in Process-Assembly Department Work in Process-Finishing Department 24,000 35,000 Manufacturing Overhead 60,000 Mar. 31 Work in Process-Assembly Department Work in Process-Finishing Department 56,000 40,000 Mar. 31 Manufacturing Overhead Manufacturing Overhead Work in Process-Assembly Department Work in Process-Finishing Department 96,000 96,000 56,000 40,000 Mar. 31 Cost of Goods Sold 96,000 Manufacturing Overhead 96,000
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