Business, 07.01.2021 17:00 golderhadashaowtatz
Warner Company purchases $50,100 of raw materials on account, and it incurs $62,800 of factory labor costs. Supporting records show that (a) the Assembly Department used $33,500 of the raw materials and $44,400 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.
Answers: 3
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Warner Company purchases $50,100 of raw materials on account, and it incurs $62,800 of factory labor...
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