Current Attempt in Progress

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. 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 all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.$)$

Date Account Titles

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Mar. $31$

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List of Accounts

Attempts: $0$ of $3$ used $$