Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Kam Company has two manufacturing departments, Assembly and Painting The Assembly department started 10,000 units during November. The following production activity in both units and
Kam Company has two manufacturing departments, Assembly and Painting The Assembly department started 10,000 units during November. The following production activity in both units and costs refers to the Assembly department's November activities. Use the weighted average method for all calculations. Percent Complete for Conversion Percent Complete for Direct Materials 60% 40% 80% 30% Assembly Department Units Beginning work in process Inventory 2,000 Units started this period 10,000 Units completed and transferred out 9,000 Ending work in process 3,000 Inventory Cost of beginning work in process: Direct materials $ 996 Conversion 585 $ 1,581 Costs added this month Direct materials $10,404 Conversion 12,285 $22,689 Required 1. Calculate the Assembly department's Total units to account for and Total units accounted for on the process cost summary. Beginning goods in process Units started this period Total units to account for Completed & transferred out Ending goods in process Total units accounted for
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started