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Warner Company purchases $54,100 of raw materials on account, and it incurs $64,900 of factory labor costs. Supporting record
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Mar.31 Work in Process - Assembly        60,960
Work in Process - Finishing        42,880
Manufacturing Overhead        103,840

Assembly = 38,100 X 160% = 60,960
Finishing = (64,900 - 38,100) X 160% = 42,880

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