Weber company purchases 44000 of raw materials on account


Weber Company purchases $44,000 of raw materials on account, and it incurs $53,460 of factory labor costs. Supporting records show that (a) the Assembly Department used $29,010 of raw materials and $33,300 of the factory labor, and (b) the Finishing Department used the remainder. Manufacturing overhead is assigned to departments on the basis of 230% of labor costs.

Journalize the assignment of overhead to the Assembly and Finishing Departments.

Account Titles and Explanation

Debit

Credit

     
     
     

 

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Accounting Basics: Weber company purchases 44000 of raw materials on account
Reference No:- TGS01372342

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