Journalize the assignment of the costs to the processing


Altex Manufacturing purchases $45,000 of raw materials on account, and it incurs $50,000 of factory labor costs. Supporting records show that (a) the Assembly Department used $24,000 of raw materials and $30,000 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.

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Accounting Basics: Journalize the assignment of the costs to the processing
Reference No:- TGS068520

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