(Answered) Weber company purchases 54600 of raw materials on account

Accounting

Weber Company purchases $54,600 of raw materials on account, and it incurs $63,500 of factory labor costs. Supporting records show that (a) the Assembly Department used $30,900 of raw materials and $36,300 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.

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