Answer:
Explanation:
The journal entries are shown below:
For January month
Work in Progress Inventory A/c Dr $37,590
To Manufacturing Overhead $37,590
(Being assigned overhead recorded)
For February month
Work in Progress Inventory A/c Dr $32,270
To Manufacturing Overhead $32,270
(Being assigned overhead recorded)
For March month
Work in Progress Inventory A/c Dr $50,470
To Manufacturing Overhead $50,470
(Being assigned overhead recorded)
The computation of the assigned overhead is shown below:
= Overhead × predetermined rate
This formula should be used for all three months
