Business
Business, 04.01.2021 19:20, grinch4

Warner Company purchases $50,100 of raw materials on account, and it incurs $61,000 of factory labor costs. Supporting records show that (a) the Assembly Department used $24,100 of the raw materials and $36,000 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.
Account Titles and Explanation Debit Credit

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Warner Company purchases $50,100 of raw materials on account, and it incurs $61,000 of factory labor...

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