Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 13. marigold company purchases $54,600 of raw mate

13. Marigold Company purchases $54,600 of raw materials on account, and it incurs $62,700 of...

90.2K

Verified Solution

Question

Accounting

13. Marigold Company purchases $54,600 of raw materials on account, and it incurs $62,700 of factory labor costs...
image
Please answer :)
Marigold Company purchases $54,600 of raw materials on account, and it incurs $62,700 of factory labor costs. Supporting record show that (a) the Assembly Department used $34,000 of the raw materials and $38,800 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 occount titfes are automatically indented when amount is entered. Do not indent manually.)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

The transmission of infectious disease by contact with other humans always requires closeassociation between infected...

Biology
1.2K views

Eucalyptus trees are a dominant species in some forests. These trees can be effected by a...

Biology
1.2K views

where can we find plexus and what are their function. in a simpler way

Psychology
1.2K views

Describe the components for doing classicial experiment?

Physics
1.2K views

Derive the Maxwell construction by considerations involving the minimization of the Gibbs potential instead of the...

Physics
1.2K views

polarized of water 1 33 in degrees 1 od An analyser is inclined to a...

Physics
1.2K views

wo conductors are made of the same material and have the same length Conductor A...

Calculus
1.2K views

Question Determine lim 2x e x X4 8

Accounting
1.2K views

Operating budgets include all the following except the: Multiple Choice General and administrative expense budget...

Accounting
1.2K views

Creative Solutions Company, a computer consulting firm, has decided to write off the $11,750 balance...

Accounting
1.2K views

1 Rodriguez Corporation issues 17,000 shares of its common stock for $82,800 cash on February...

Finance
1.2K views

a. Find the present values of the following cash flow streams at an 11% discount...