Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

[Ihe following information applies to the questions displayed below.j Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 12,000 units during

[Ihe following information applies to the questions displayed below.j Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 12,000 units during November. The following production activity in both units and costs refers to the Assembly department's November activities. 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 Cost per Equivalent Unit of Production Costs added this period Costs of beginning work in process Total costs + Equivalent units of production Cost per equivalent unit of production Units 3,000 12,000 10,000 5,000 $ $ 1,455 1,105 19,920 1,455 21,375 19,920 20,045 Percent Complete for Direct Materials 60% Direct Materials Conversion $ $ Calculate the Assembly department's cost per equivalent unit of production for materials and for conversion for November. Use the weighted average method. $ 85% + $ 2,560 Percent Complete for Conversion 40% 39,965 20,045 1,105 21,150 35%
image text in transcribed
image text in transcribed
image text in transcribed
[ine following intormation applies to the questions displayed below.] Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 12,000 units during November. The following production activity in both units and costs refers to the Assembly department's November activities. Iculate the Assembly department's cost per equivalent unit of production for materials and for conversion for November. Use the ighted average method. Prepare the November 30 journal entry to record the transfer of costs from the Assembly department to the Painting depar the FIFO method. Journal entry worksheet Record the transfer of units from the Assembly department to the Painting department (FIFO method.) Note: Enter debits before credits

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

Cost Accounting A Decision Emphasis

Authors: Germain B. Boer, William L. Ferrara, Debra C. Jeter

4th Edition

0873939123, 978-0873939126

More Books

Students also viewed these Accounting questions

Question

What information remains to be obtained?

Answered: 1 week ago

Question

How reliable is this existing information?

Answered: 1 week ago

Question

How appropriate would it be to conduct additional research?

Answered: 1 week ago