Current Attempt in Progress Your answer is partially correct. Warner Company purchases $54,900 of direct raw materials and it incurs $63,800 of direct factory labor costs. Supporting records show that (a) the Assembly Department used $24,600 of direct raw materials and $45,900 of direct factory labor, and (b) the Finishing Department used the remainder. Manufacturing overhead is assigned to departments on the basis of 160% of labor costs. Record the assignment of overhead to the Assembly and Finishing Departments using the following format. Assume the balance in Manufacturing Overhead was $110,080 prior to assignment. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Manufacturing Costs Factory Labor Raw Materials Inventory Manufacturing Overhead Balance $ -54900 $ -63800 $ 110080 Assigning Overhead i i -102080 Your answer is partially correct. Warner Company purchases $54,900 of direct raw materials and it incurs $63,800 of direct factory labor costs. Supporting records show that (a) the Assembly Department used $24,600 of direct raw materials and $45,900 of direct factory labor, and (b) the Finishing Department used the remainder. Manufacturing overhead is assigned to departments on the basis of 160% of labor costs. Record the assignment of overhead to the Assembly and Finishing Departments using the following format. Assume the balance in Manufacturing Overhead was $110,080 prior to assignment. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Work in Process Manufacturing Costs Factory Labor Assembly Finishing Manufacturing Overhead $ 110080 $ -63800 $ -70500 $ $ -48200 PO -102080 73440 28640