Carrie Carpet manufactures broadloom carpet in seven processes: spinning, dyeing, plying, spooling, tufting, latexing and shearing. In the Dyeing Department, direct materials (dye) are added at the beginning of the process. Conversion costs are incurred evenly throughout the process. Information for November 2016

follows:

.Requirement 1. Prepare the November production cost report for Carrie's Dyeing Department using the FIFO method. The Dyeing Department beginning work in process of 55 units is 20% complete as to conversion costs. Round equivalent unit of production costs to four decimal places. (Complete all answer boxes. Enter a "0" for any zero balances. Round all cost per unit amounts to four decimal places and all other amounts to the nearest whole dollar. Abbreviations used: EUP = equivalent units of production; WIP = work-in-process.)

Carrie Carpet
Production Cost Report - Dyeing Department
Month Ended November 30
		Equivalent Units
	Whole	Transferred	Direct	Conversion
UNITS	Units	In	Materials	Costs
Units to account for:
Beginning work-in-process
Started in production
Total units to account for
Units accounted for:
Beginning work-in-process	55	0	0
Started and completed	435	435	435	435
Transferred to Plying	490	435	435
Ending work-in-process	125	125	125
Total units accounted for

		Transferred	Direct	Conversion	Total	Cost
COSTS		In	Materials	Costs	Costs	per Unit
Costs to account for:
Total costs to account for
Cost per equivalent unit

Costs accounted for:
Total costs for beginning WIP
Transferred to Plying
Total costs accounted for

Requirement 2. Journalize all transactions affecting Carrie's Dyeing Department during November, including the entries that have already been posted. Begin with a summary journal entry to record the assignment of costs transferred from the Spinning Department, direct materials, direct labor, and the allocation of manufacturing overhead to the Dyeing Department. (Prepare a single compound journal entry. Record debits first, then credits. Exclude explanations from journal entries.)

Date		Accounts	Debit	Credit
Nov.	30

Prepare the journal entry to record the cost of the units transferred out of the Dyeing Department.

Date		Accounts	Debit	Credit
Nov.	30

Choose from any list or enter any number in the input fields and then continue to the next question.

UNITS

Beginning Work-in-Process Inventory 55 rolls

Transferred in from Spinning Department during November 560 rolls

Completed during November 490 rolls

Ending Work-in-Process (80% complete for conversion work) 125 rolls

COSTS

Beginning Work-in-Process Inventory (transferred in costs,

$3,500; materials cost, $1,750; conversion costs, $5,420) $10,670

Transferred in from Spinning Department 18,025

Materials cost added during November 13,010

Conversion costs added during November (manufacturing

wages, $8,120; manufacturing overhead allocated, $45,460) 53,580