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Liglectronics makes me comes in the processembly programming and packaging Direct mare added at the beginning of the brand very got the The Aserty Department

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Liglectronics makes me comes in the processembly programming and packaging Direct mare added at the beginning of the brand very got the The Aserty Department had no Won-Procesory on October 31 i More Info In mid-November, Liz Electronics started production on 95,000 game consoles. Of this number, 68,000 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 30% of the way through the assembly process. Direct materials costing $280,250 were placed in production in Assembly during November, direct labor of $152,712 was assigned, and manufacturing overhead of $69,500 was allocated to that department. X 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. Liz Electronics Production Cost Report-Assembly Department Month Ended November 30 Equivalent Units Physical Direct Conversion UNITS Units Materials Costs Units to account for: Beginning work-in-process Started in production 95000 95000 Total units to account for Units accounted for: Completed and transferred out Ending work-in-process 68000 27000 Total units accounted for 95000 Conversion Total Direct Materials COSTS Costs Costs Costs to account for: Beginning work-in-process Total costs to account for Cost per equivalent unit Costs accounted for: Total costs accounted for Requirement 2. Prepare a T-account for Work-in-Process inventory-Assembly to show its activity during November Work-in-Process Inventory-Assembly Bal. Oct. 31 0

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