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Liz Electronics makes game consoles in three processes: assembly, programming, and packaging. Direct materials are added at the beginning of the assembly process. Conversion
Liz Electronics makes game consoles in three processes: assembly, programming, and packaging. Direct materials are added at the beginning of the assembly process. Conversion costs are incurred evenly throughout Assembly Department had no Work-in-Process Inventory on October 31. (Click the icon to view additional information.) Read the requirements. Requirement 1. Prepare a production cost report for the Assembly Department for November. The company uses the weighted-average method. (Complete all input fields. Enter a "0" for any zero balances. Round all co nearest cent and all other amounts to the nearest whole dollar. Abbreviation used: EUP = equivalent units of production.) Liz Electronics Production Cost Report-Assembly Department Month Ended November 30 i More Info Equivalent Units UNITS Physical Units Direct Conversion Materials Costs Units to account for: Total units to account for Choose from any list or enter any number in the input fields and then continue to the next question. In mid-November, Liz Electronics started production on 90,000 game consoles. Of this number, 71,000 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 40% of the way through the assembly process. Direct materials costing $360,000 were placed in production in Assembly during November, direct labor of $135,500 was assigned, and manufacturing overhead of $100,300 was allocated to that department. Print Done
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