Question: Current Attempt in Progress Warner Company purchases $ 5 0 , 0 0 0 of raw materials on account, and it incurs $ 6 0

Current Attempt in Progress
Warner Company purchases $50,000 of raw materials on account, and it incurs $60,000 of factory labor costs. Supporting records
show that (a) the Assembly Department used $24,000 of the raw materials and $35,000 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. (Credit account titles are automatically
indented when amount is entered. Do not indent manually.)
Date
Account Titles
Debit
Credit
Mar. 31
eTextbook and Media
 Current Attempt in Progress Warner Company purchases $50,000 of raw materials

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