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Crane Company purchases $41,000 of raw materials on account, and it incurs $49,200 of factory labor costs. Supporting records show that (a) the Assembly Department

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Crane Company purchases $41,000 of raw materials on account, and it incurs $49,200 of factory labor costs. Supporting records show that (a) the Assembly Department used $19,680 of direct materials and $28,700 of direct labor , and (b) the Finishing Department used the remainder Manufacturing overhead is assigned to departments on the basis of 160% of labor costs Journalize the assignment of overhead to the Assembly and Finishing Departments. List al debit entries before credit entries. Credit account titles ore automatically Indented when amount is entered. Do not indent manual) Date Account Titles Debit Credit Mar 31

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