Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

10 Part 7 of 8 Required information Use the following information for the Quick Study below. (The following information applies to the questions displayed below.)

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

10 Part 7 of 8 Required information Use the following information for the Quick Study below. (The following information applies to the questions displayed below.) 1 1.42 points Carlberg Company has two manufacturing departments, assembly and painting. The assembly department started 11,700 units during November. The following production activity unit and cost information refers to the assembly department's November production activities. eBook Assembly Department Beginning work in process Units transferred out Ending work in process Units 2,000 9,000 4,700 Percent of Direct Materials 65% 100% 90% Percent of Conversion 35% 100% 40% Print $2,648 (consists of $1,407 for direct materials and $1,241 for conversion) o References Beginning work in process inventory-Assembly dept Costs added during the month: Direct materials Conversion $ 25,053 $ 25,959 QS 20-16A FIFO: Assigning costs to output LO C4 Required: Assign costs to the assembly department's output-specifically, the units transferred out to the painting department and the units that remain in process in the assembly department at month-end. Use the FIFO method. (Do not round intermediate calculations.) 1.42 points Assign costs to the assembly department's output-specifically, the units transferred out to the painting department and the units that remain in process in the assembly department at month-end. Use the FIFO method. (Do not round intermediate calculations.) eBook Print References 0 CARLBERG COMPANY FIFO method Costs of units transferred out Cost of beginning work in process inventory Costs to complete beginning work in process Direct materials Conversion Total costs to complete Cost of units started and completed this period Direct materials Conversion Total cost of units started and completed Total costs of units transferred out Cost of ending work in process inventory Direct materials Conversion Total costs of ending work in process Total costs assigned 0 $ 0 0 $ 0 "YUCU HUITTULUI 11 8 Use the following information for the Quick Study below. [The following information applies to the questions displayed below.) Carlberg Company has two manufacturing departments, assembly and painting. The assembly department started 11,700 units during November. The following production activity unit and cost information refers to the assembly department's November production activities. Part 8 of 8 1.42 points Assembly Department Beginning work in process Units transferred out Ending work in process Units 2,000 9,000 4,700 Percent of Direct Materials 65% 100% 90% Percent of Conversion 35% 100% 40% eBook $2,648 (consists of $1,407 for direct materials and $1,241 for conversion) Print Beginning work in process inventory-Assembly dept Costs added during the month: Direct materials Conversion $ 25,053 $ 25,959 References QS 20-17A FIFO: Journal entry to transfer costs LO P4 Required: Prepare the November 30 journal entry to record the transfer of costs from the assembly department to the painting department. Use the FIFO method. View transaction list LIETILUTILUU. Part 8 of 8 View transaction list 1.42 points Journal entry worksheet eBook Record the transfer of units from the assembly department to the painting department (FIFO method.) Print Note: Enter debits before credits. Transaction General Journal Debit Credit References 1 Record entry Clear entry View general journal

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Applied Cost Benefit Analysis

Authors: Robert J. Brent

2nd Edition

1843768917, 978-1843768913

More Books

Students also viewed these Accounting questions

Question

c. Acafeteriawhere healthy, nutritionally balanced foods are served

Answered: 1 week ago

Question

c. What steps can you take to help eliminate the stress?

Answered: 1 week ago