Question
5. Use the following information for the Quick Study below. (Algo) Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 11,000
5.
Use the following information for the Quick Study below. (Algo)
Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 11,000 units during November. The following production activity in both units and costs refers to the Assembly departments November activities.
Assembly Department | Units | Percent Complete for Direct Materials | Percent Complete for Conversion |
---|---|---|---|
Beginning work in process inventory | 2,500 | 60% | 40% |
Units started this period | 11,000 | ||
Units completed and transferred out | 9,500 | ||
Ending work in process inventory | 4,000 | 85% | 35% |
Cost of beginning work in process | ||
---|---|---|
Direct materials | $ 1,230 | |
Conversion | 510 | $ 1,740 |
Costs added this month | ||
Direct materials | 14,250 | |
Conversion | 15,840 | 30,090 |
QS 20-12 (Algo) Weighted average: Assigning costs to output LO P1
Assign costs to the Assembly departments outputspecifically, the units transferred out to the Painting department and the units that remain in process in the Assembly department at month-end. Use the weighted average method. (Do not round intermediate calculations.)
Prepare the November 30 journal entry to record the transfer of costs from the Assembly department to the Painting department. Use the weighted average method.
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