Factory labor data for Wen Ltd. are given in BE21.2. 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.

Data from BE21.2:

Data for Wen Ltd. are given in BE21.1. Supporting records show that (a) the Assembly Department used HK$240,000 of raw materials and HK$350,000 of the factory labor, and (b) the Finishing Department used the remainder. Journalize the assignment of the costs to the processing departments on March 31.

Data from BE21.1:

Wen Ltd. purchases HK$500,000 of raw materials on account, and it incurs HK$600,000 of factory labor costs. Journalize the two transactions on March 31, assuming the labor costs are not paid until April.