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hello please answer this question with explanation of calculation . More info In mid-November, Ashley Electronics started production on 115,000 game consoles. Of this number,
hello please answer this question with explanation of calculation .
More info In mid-November, Ashley Electronics started production on 115,000 game consoles. Of this number, 99,000 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 45% of the way through the assembly process. Direct materials costing $345,000 were placed in production in Assembly during November, direct labor of $150,000 was assigned, and manufacturing overhead of $62,400 was allocated to that department. Requirements 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 Inventory-Assembly to show its activity during November, including the November 30 balance. Ashloy Electronics makes game consoles in three processes: assembly, programming, and packaging. Direct materials are added at the boginning of the assembly procoss. 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 intormation.) Read the units to account ior: Total units to account for Units accounted for: Total units accounted for Step by Step Solution
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