P17-37 (similar to) Question Help Larsen Company manufactures car seats in its Miami plant. Each car seat passes through the assembly department and the testing department. This problem focuses on the assembly department. Data for the assembly department for October 2017 are as follows ?(Click the icon (Click the icon to view information about Larsen Company's process-costing system.) (Click the icon toRequirement (Click the icon Read the Prepare a set of summarized journal entries for all October 2017 transactions affecting Work in Process Assembly. Set up a T-account for Work in Process Assembly and post your entries to it. (Record debits first, then Prepare a set of summarnized journal entries for all October 2017 transactions affecting Work in P Begin by recording the purchase and use of direct materials. nPoAeh orknscions Print Done Journal Entry Accounts Debit Credit JE 1 Data Table Physical Units Direct Conversion Car Seats) Materials $1,489,200 Costs More Into 5,100 19,500 22,500 2,100 675 Wor rk in process, October 1 The process-costing system at Larsen Company has a single direct-cost category (direct materials) and a single indirect-cost category (conversion costs). Direct mate???als are added at the beginning of the process. Conversion costs are added evenly during the process. When the assembly department finishes work on each car seat, it is immediately transferred to testing. Larsen Company uses the weighted-average method of process costing. Started during October 2017 Completed during October 2017 Work in process, October 31 Total costs added during October 2017 "Degree of completion: direct materials, ?%; conversion costs, 60%. "Degree of completion: direct materials. ?%; conversion costs, 75%, $4,095,0C0 $1,891,350 Print Done PrintDone Clear All Check Answer remaining P17-37 (similar to) Question Help Larsen Company manufactures car seats in its Miami plant. Each car seat passes through the assembly department and the testing department. This problem focuses on the assembly department. Data for the assembly department for October 2017 are as follows ?(Click the icon (Click the icon to view information about Larsen Company's process-costing system.) (Click the icon toRequirement (Click the icon Read the Prepare a set of summarized journal entries for all October 2017 transactions affecting Work in Process Assembly. Set up a T-account for Work in Process Assembly and post your entries to it. (Record debits first, then Prepare a set of summarnized journal entries for all October 2017 transactions affecting Work in P Begin by recording the purchase and use of direct materials. nPoAeh orknscions Print Done Journal Entry Accounts Debit Credit JE 1 Data Table Physical Units Direct Conversion Car Seats) Materials $1,489,200 Costs More Into 5,100 19,500 22,500 2,100 675 Wor rk in process, October 1 The process-costing system at Larsen Company has a single direct-cost category (direct materials) and a single indirect-cost category (conversion costs). Direct mate???als are added at the beginning of the process. Conversion costs are added evenly during the process. When the assembly department finishes work on each car seat, it is immediately transferred to testing. Larsen Company uses the weighted-average method of process costing. Started during October 2017 Completed during October 2017 Work in process, October 31 Total costs added during October 2017 "Degree of completion: direct materials, ?%; conversion costs, 60%. "Degree of completion: direct materials. ?%; conversion costs, 75%, $4,095,0C0 $1,891,350 Print Done PrintDone Clear All Check Answer remaining