Marigold Company assigns overhead based on machine hours. The Milling

Department logs $2400$ machine hours and Cutting Department shows $3500$

machine hours for the period. If the overhead rate is $$7$ per machine hour, the

entry to assign overhead will show a

debit to Work in Process Inventory $-$ Milling Department for $$24500.$

debit to Manufacturing Overhead for $$41300.$

credit to Work in Process Inventory$-$Cutting Department for $$24500.$

credit to Manufacturing Overhead for $$41300.$