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Claudia Carpet manufactures broadloom carpet in seven processes: spinning, dyeing, plying, spooling, tufting, latexing and shearing. In the Dyeing Department, direct materials (dye) are added
Claudia 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. EEB (Click the icon to view the data.) Read the requirements Requirement 1. Prepare the November production cost report for Claudia's Dyeing Department (Claudia uses weighted-average process costing. Round all cost per unit amounts to the nearest cent and all other amounts to the nearest whole dollar. Abbreviation used: EUP-equivalent units of production.) Claudia Carpet Production Cost Report Dyeing Department Month Ended November 30 Equivalent Units Whole Transferred Diect Conve UNITS Units In Materials Costs Units to account for Beginning work-in-process Transferred in 560 615 Total units to account for Units accounted for Completed and transferred out 490 490 490 490 hoose from any list or enter any number in the input fields and then click Check Answer Claudia 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 (Click the icon to view the data.) Read the requirements Units accounted for 490 125 615 490 125 615 190 125 615 490 100 590 Ending work-in-process Total units accounted for Transferred Direct Conversion Total Costs In Materials Costs COSTS Costs to account for 5 3,500 S 1,750 13,010 3500 S 10,670 53,580 57080 Beginning work-in-process 18,025 Costs added during the period Total costs to account for Divided by: Total EUP Cost 5 21.525 S 14.760 per equivalent unit hogse from any list or enter any number in the innut fields and then click Check Answen UNITS Beginning Work-in-Process Inventory Transferred in from Spinning Department during November Completed during November Ending Work-in-Process (80% complete for conversion work) 55 rolls 560 rolls 490 rolls 125 rolls COSTS Beginning Work-in-Process Inventory (transferred in costs, $3,500; materials cost, $1,750; conversion costs, $5,420) Transterred in from Spinning Department Materials cost added during November Conversion costs added during November (manufacturing wages, $8,120; manufacturing overhead allocated, $45,460) S 10,670 18,025 13,010 53,580
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