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11 Carlberg Company has two manufacturing departments, assembly and painting. The assembly units during November . The following production activity unit and cost information refers
11
Carlberg Company has two manufacturing departments, assembly and painting. The assembly units during November . The following production activity unit and cost information refers to the assembly department's November production activities. Percent of Direct Percent of Assembly Department units Materiais Conversion Beginning work in process 2,500 40% units transferred out 9,500 100% Ending work in process 3.500 sex 40% ces 100 Beginning work in process inventory-Assembly dept costs added during the months Direct materials Conversion 51,937 (consists of $1,427 for direct materials and 3510 for conversion) $ 12,480 $ 15,40 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 Step by Step Solution
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