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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
the following items represent liabilities on a firms balance sheeta. an amount of money owed to a supplier based on the
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The fixed overhead volume variances is due to:
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