Current Attempt in Progress

Sheridan Company purchases $$57,000$ of raw materials on account, and it incurs $$68,400$ of factory labor costs. Supporting records

show that $($a$)$ the Assembly Department used $$27,360$ of direct materials and $$39,900$ of direct labor, and $($b$)$ the Finishing

Department used the remainder.

Journalize the assignment of the costs to the processing departments on March $31.($List all debit entries before credit entries.

Credit account titles are automatically indented when amount is entered. Do not indent manually.$)$

Date

Account Titles and Explanation

Debit

Credit

Mar. $31$

$($To record materials used$)$

$31$

$($To assign factory labor to production$)$