Question: Current Attempt in Progress Marigold Company assigns overhead based on machine hours. The Milling Department logs 2 4 0 0 machine hours and Cutting Department

Current Attempt in Progress
Marigold Company assigns overhead based on machine hours. The Milling Department logs 2400 machine hours and Cutting Department shows 4100 machine hours for the period. If the overhead rate is $3 per machine hour, the entry to assign overhead will show a
credit to Manufacturing Overhead for $19500.
debit to Manufacturing Overhead for $19500,
credit to Work in Process Inventory-Cutting Department for $12300.
debit to Work in Process Inventory - Milling Department for $12300.
Current Attempt in Progress Marigold Company

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