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P20-35A P reparing production cost report, second department with beginning WIP: journal entries Lea Carla Carpet manufactures broadloom carpet in seven processes: spinning, dyeing, ply
P20-35A P reparing production cost report, second department with beginning WIP: journal entries Lea Carla Carpet manufactures broadloom carpet in seven processes: spinning, dyeing, ply ing, spooling, tufting, latexing, and shearing In the Dyeing Department, direct mate rials (dye) are added at the beginning of the process. Conversion costs are incurred evenly throughout the process. Information for November 2018 follows: UNITS Beginning Work-in-Process Inventory Tansterred in trom Spinning Departiment during November Completed during November Ending Work-in-Process Inventory (80% complete for conversion work) COSTS 70 rolls 550 rolls 480 rolls 140 rolls Beginning Work-in-Process Inventory (transferred in costs, $4,000; 10,700 materials costs, $1,400; conversion costs, $5,300) Transferred in from Spinning Department Materials costs added during November Conversion costs added during November (manufacturing wages, 52,716 58,725; manufacturing overhead allocated, $43,991) 23,280 14,100 Requirements 1. Prepare the November production cost report for Carla's Dyeing Department The company uses the weighted-average method. 2. Journalize all transactions affecting Carla's Dyeing Department during November, including the entries that have already been posted. Assume labor costs are accrued and not yet paid. P20-36A Preparing production cost report, second department with beginning
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