Orlole Compary purchases $55,000 of raw materiais on account, and it incurs $66,000 of factory...
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Accounting
Orlole Compary purchases $55,000 of raw materiais on account, and it incurs $66,000 of factory labor costs, Supporting records show that (a) the Assembly Departument used $26,400 of direct materials and $38,500 of direct labor, and (b ) the Finishing Department used the remainder. Marufacturing overhead is assighed to departments on the basis of 160% of iabor costs Journalize the assigntbent of overhead to the Assembly and Finishing Departments. flist all debit entries before credit entries. Credit octount titles are automaticaly Indented when amount is entered. Do not indent menualily
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