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Ashley Electronics makes game consoles in three processes: assembly, programming, and packaging Direct materials are added at the beginning of the assembly process. Conversion costs
Ashley Electronics makes game consoles in three processes: assembly, programming, and packaging Direct materials are added at the beginning of the assembly process. Conversion costs are incurred evenly throughout the process. The Assembly Department had no Work-in-Process Inventory on October 31. (Click the icon to view additional information) Read the requirements. Ashley Electronics Production Cost Report-Assembly Department Month Ended November 30 Equivalent Units Physical Direct Conversion UNITS Units Materials Costs Units to account for Beginning work-in-process 0 110 000 Help Me Solve This DemoDocs Example Ashley Electronics makes game consoles in three processes: assembly, programming, and packaging. Direct the beginning of the assembly process. Conversion costs are incurred evenly throughout the process. The Asse no Work-in-Process Inventory on October 31. (Click the icon to view additional information.) Read the requirements. Beginning work-in-process 0 Started in production 110,000 Total units to account for 110,000 Units accounted for: Completed and transferred out 80,000 80,000 80,000 Ending work-in-process 30,000 30,000 12,000 Total unite annonsented for 110,000 110,000 92,000 Ashley Electronics makes game consoles in three processes: assembly, programming, and packaging. Dire the beginning of the assembly process. Conversion costs are incurred evenly throughout the process. The no Work-in-Process Inventory on October 31. (Click the icon to view additional information.) Read the requirements. ..... Units accounted for: Completed and transferred out 80,000 80,000 80,000 Ending work-in-process 30,000 30,000 12.000 Total units accounted for 110,000 110,000 92,000 Direct Conversion Total COSTS Materials Costs Costs to account for: Costs Help Me Solve This DemoDocs Example Clar All Ashley Electronics makes game consoles in three processes: assembly, programming, and packaging. Direct m the beginning of the assembly process. Conversion costs are incurred evenly throughout the process. The Asse no Work-in-Process Inventory on October 31. (Click the icon to view additional information.) Read the requirements. Direct Conversion Total Materials Costs COSTS Costs Costs to account for: Total costs to account for Cost per equivalent unit More Info In mid-November, Ashley Electronics started production on 110,000 game consoles. Of this number, 80,000 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 40% of the way through the assembly process. Direct materials costing $418,000 were placed in production in Assembly during November, direct labor of $165,000 was assigned, and manufacturing overhead of $110,080 was allocated to that department. Print Done 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 InventoryAssembly to show its activity during November, including the November 30 balance
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