Brief Exercise 16-7 During the first quarter, Francum Company incurs the following direct labor costs: January $44,100, February $51,700, and March $64,300. For each month, prepare the entry to assign overhead to production using a predetermined rate of 72% of direct labor cost. (Credit account titles are automatically indented when amou is entered. Do not indent manually. Record journal entries in the order presented in t problem.,) Account Titles and Date Explanation SHOW LIST OF ACCOUNTS LINK TO TEXT