Sunland Company purchases $47.000 of raw materials on account, and it incurs 556,400 of factory labor show that (a) the Assembly Department used $22.560 of direct materials and $32.900 of direct labor, and (b) the Finishing Department used the remainder Journalize the assignment of the costs to the processing departments on March 31. (List oll debit entries before credit entries. Credin account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Mar 31 31 (To record materials used) Debit Credit

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Sunland Company purchases $47,000 of raw materials on account, and it incurs $56,400 of factory labor costs. Supporting records
show that (a) the Assembly Department used $22.560 of direct materials and $32.900 of direct labor, and (b) the Finishing
Department used the remainder.
Journalize the assignment of the costs to the processing departments on March 31. (List oll debit entries before credit entries. Credit
account titles are automatically indented when amount is entered. Do not indent manually.)
Date Account Titles and Explanation
Mar. 31
31
(To record materials used).
(To assign factory labor to production)
Debit
Credit
Transcribed Image Text:Sunland Company purchases $47,000 of raw materials on account, and it incurs $56,400 of factory labor costs. Supporting records show that (a) the Assembly Department used $22.560 of direct materials and $32.900 of direct labor, and (b) the Finishing Department used the remainder. Journalize the assignment of the costs to the processing departments on March 31. (List oll debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Mar. 31 31 (To record materials used). (To assign factory labor to production) Debit Credit
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