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Warner Company purchases $55,000 of direct raw materials and it incurs $62,100 of direct factory labor costs. Supporting records show that (a) the Assembly Department

Warner Company purchases $55,000 of direct raw materials and it incurs $62,100 of direct factory labor costs. Supporting records show that (a) the Assembly Department used $31,900of direct raw materials and $38,200of 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 $107,360 prior to assignment. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses )

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W Login W CI X Refere Refere Refers |Chapt Q Chapt t x Warne * wiley| accou C Warne C Webe C Warne C Webe C Warne C Webe + V X O https://canvas.wayne.edu/courses/106714/assignments/804298 . . . To see favorites here, select = then *, and drag to the Favorites Bar folder. Or import from another browser. Import favorites ACCUTu TIC assignment UI UVEmead TO THE ASSEMly and MISTing Departments using TIC TUTloving TORmat. Assume TIC balance in Manufacturing Overhead was $107,360 prior to assignment. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Manufacturing Costs Account Raw Materials Inventory Factory Labor Manufacturing Overhead Balance $ to 107360 to Dashboard Assigning Overhead 55000 X 62100 107360 9 Courses

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