Question
1. Prepare a production cost report for the Assembly Department for November.The company uses the weighted-average method. 2. Prepare a T-account for Work-in-Process Inventorylong dashAssembly
1. | Prepare a production cost report for the Assembly Department for November.The company uses the weighted-average method. |
2. | Prepare a T-account for Work-in-Process Inventorylong dashAssembly to show its activity during November, including the November 30 balance. |
In mid- November, Dee Electroinics started production on 100,000 game consoles. Of this number, 90,000 game consoles were assembled during November and transferred out to the Programming Department. The November 30 Work-in-Process Inventory in the Assembly Department was 35% of the way through the assembly process. Direct materials costin $399,000 were placed in production in Assembly during November, direct labor of $139,000 was assigned, and manufacturing overhead of $130,280 was allocated to that department.
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