Question
Warner Company purchases $50,600 of raw materials on account, and it incurs $62,400 of factory labor costs. Supporting records show that (a) the Assembly Department
Warner Company purchases $50,600 of raw materials on account, and it incurs $62,400 of factory labor costs. Supporting records show that (a) the Assembly Department used $31,600 of the raw materials and $41,200 of the factory 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. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Date | Account Titles | Debit | Credit |
---|---|---|---|
Mar.31 | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount | |
enter an account title | enter a debit amount | enter a credit amount |
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