Mendez Manufacturing (a) purchases $45,000 of raw materials on account, (b) and it incurs $50,000 of...

Question

Mendez Manufacturing (a) purchases $45,000 of raw materials on account, (b) and it incurs $50,000 of factory labor costs. Supporting records show that the Assembly
 Department used $24,000 of raw materials and $30,000 of the factory labor, and the Finishing Department used the remainder. Journalize the assignment of the costs
 to the processing departments on March 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles
 and Explanation Debit Credit (a) (b)

David · Accepted Answer

Work In Process Inventory - Assembly $54,000 
Work In Process Inventory - Finishing $41,000 
Raw Materials $45,000 
Wages Payable $50,000 
To record materials and labor as follows: 
Assembly : RM $24,000 + Labor $30,000 
Finishing : RM $21,000 + Labor $20,000

Mendez Manufacturing (a) purchases $45,000 of raw materials on account, (b) and it incurs $50,000 of factory labor costs. Supporting records show that the Assembly Department used $24,000 of raw...

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