Question: process cost flow: please help me solve this problem I need detailed steps CALCULATOR PRINTER VERSION BACK Brief Exercise 16-2 Your answer is partially correct.

process cost flow: please help me solve this problem I need detailed steps

process cost flow: please help me solve this problem I need detailed

CALCULATOR PRINTER VERSION BACK Brief Exercise 16-2 Your answer is partially correct. Try again. Warner Company purchases $50,500 of raw materials on account, and it incurs $65,000 of factory labor costs. Supporting records show that (a) the Assembly Department used $31,700 of raw materials and $38,300 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. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Mar. 31 Work in Process - Assembly 31,700 Raw Materials Inventory (To record materials used) x 31 (To assign factory labor to production)

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