Sanchez Manufacturing purchases $45,000 of raw materials on credit and incurs $50,000 in factory labor costs. Record the two transactions in a journal on March 31, assuming labor costs are not paid until April. Based on data from Sanchez Manufacturing. The records show that: (a). the Assembly Department used $24,000 of raw materials and $30,000 of factory labor, and (b) the Finishing Department used the rest. Journal of the allocation of costs to the processing departments on March 31. Data related to factory time for Sanchez Manufacturing was presented above. Manufacturing overheads are allocated to departments on the basis of 200% of labor costs. Journalizes the allocation of overhead to the assembly and finishing departments.