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. Learning Objective: 16-C4 Appendix 16A-Describe accounting for production activity and preparation of a process cost summary using FIFO. Pls show work or how you
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Learning Objective: 16-C4 Appendix 16A-Describe accounting for production activity and preparation of a process cost summary using FIFO.
Pls show work or how you got the answers. Thank you.
The Carlberg Company has two manufacturing departments, assembly and painting. The assembly department started 10,700 units during November. The following production activity unit and cost information refers to the assembly department's November production activities. Percent of Direct UnitsMaterials Added 55% 100% 85% Percent of Conversion Added Assembly Department Beginning work in process Units transferred out Ending work in process 2.350 9,630 3.420 35% 100% 35% Beginning work in process inventory Assembly 1.931 (includes $1.206 for direct materials and 725 for conversion) Costs added during the month Direct materials Conversion $13,904 $ 17,185 Required Assign costs to the assembly department's output-specifically, the units transferred out to the painting department and the units that remain in process in the assembly department at month-end. Use the FIFO method. (Do not round intermediate calculations. Round final answer to nearest whole dollar.) ARLBERG COMPANY FIFO method Costs of units transferred out Cost of beginning work in process inventory Costs to complete beginning work in process 5 1,931 Direct materials Conversion Total costs to complete Cost of units started and completed this period Direct materials Total cost of units started and completed Total costs of units transferred out Cost of ending work in process inventory 5 1,931 Direct materials Conversion Total costs of ending work in process Total costs assigned 5 1.931Step by Step Solution
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