Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 11.300 units during November. The following production activity in both units and

image text in transcribed
image text in transcribed
image text in transcribed
Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 11.300 units during November. The following production activity in both units and costs refers to the Assembly department's November activities. Percent Complete for Percent Direct Complete for Materials Conversion 708 308 Units 3,000 11,300 10,000 4,300 808 308 Assembly Department Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Cost of beginning work in process Direct materials Conversion costs added this month Direct materials Conversion $ 1,533 761 $ 2,294 11,907 21,819 33,726 QS 3-11 (Algo) Weighted average: Cost per EUP LO P1 Calculate the Assembly department's cost per equivalent unit of production for materials and for conversion for Novembe weighted average method. Cost per equivalent unit of production-Weighted average Numerator: Denominator: Cost per equivalent unit of production Direct Materials Conversion QS 3-12 (Algo) Weighted average: Assigning costs to output LO P1 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 weighted average method. (Do not round Intermediate calculations.) CARLBERG COMPANY Cost assignment-Weighted average EUP Cost per EUP Total Cost Completed and transferred out Direct materials Conversion $ 0 Ending work in process Direct materials Conversion 0 $ 0 Total costs accounted for 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 View transaction list Journal entry worksheet Record the transfer of costs from the Assembly department to the Painting department (weighted average method.) Note: Enter debits before credits Date General Journal Debit Credit November 30

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

Step: 3

blur-text-image

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

Fundamental Accounting Principles

Authors: John Wild, Ken Shaw, Barbara Chiappetta

22nd edition

9781259566905, 978-0-07-76328, 77862279, 1259566900, 0-07-763289-3, 978-0077862275

More Books

Students also viewed these Accounting questions