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Warner Company purchases $51,700 of direct raw materials and it incurs $62,200 of direct factory labor costs. Supporting records show that (a) the Assembly Department
Warner Company purchases $51,700 of direct raw materials and it incurs $62,200 of direct factory labor costs. Supporting records show that (a) the Assembly Department used $28,800 of direct raw materials and $38,800 of direct factory labor, and (b) the Finishing Department used the remainder. Manufacturing overhead is assigned to departments on the basis of 160% of labor costs. Record the assignment of overhead to the Assembly and Finishing Departments using the following format. Assume the balance in Manufacturing Overhead was $107,520 prior to assignment. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Work in Process Manufacturing Costs Factory Labor Manufacturing Overhead Assembly Finishing $ $ $ 62200 $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit
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