Answer:
See the journal entry be;ow.
Explanation:
Given:
Cutting Assembly Finishing
Direct materials $7,000 $10,000 $3,000
Direct labor 3,000 14,000 2,000
Applied overhead 4,000 5,000 6,000
Therefore, the journal entry to assign costs incurred in the assembly process would be as follows:
<u>Details Debit ($) Credit ($) </u>
Work in process 10,000
Direct material 10,000
<em><u>(To record cost of direct material.) </u></em>
Work in process 14,000
Wages payable 14,000
<u><em>(To record direct labor cost.) </em></u>
Work in process 5,000
Manufacturing overhead 5,000
<u><em>(To record manufacturing overhead.) </em></u>