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QS 16-14A FIFO: Equivalent units of production LO C4 Required information Use the following information for the Quick Study below. [The following information applies to
QS 16-14A FIFO: Equivalent units of production LO C4
Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.] Carlberg Company has two manufacturing departments, assembly and painting. The assembly department started 11,300 units during November. The following production activity unit and cost information refers to the assembly department's November production activities. Assembly Department Beginning work in process Units transferred out Ending work in process Units 3,000 10,000 4,300 Percent of Direct Materials 70% 100% 80% Percent of Conversion 30% 100% 30% $2,294 (consists of $1,533 for direct materials and $761 for conversion) Beginning work in process inventory-Assembly dept Costs added during the month: Direct materials Conversion $ 11,907 $ 21,819 Complete this question by entering your answers in the tabs below. Materials Conversion Calculate the assembly department's equivalent units of production for materials for November. Use the FIFO method. Equivalent units of production (EUP) - FIFO method Units % Materials Units started and completed 7,000 100% EUP 7,000 80% Ending work in process inventory - units Total 4,300 11,300 3,440 10,440 Materials Conversion > Materials Conversion Calculate the assembly department's equivalent units of production for conversion for November. Use the FIFO method. Equivalent units of production (EUP) - FIFO method Units % Conversion Units started and completed 7,000 100% Ending work in process inventory - units 4,300 30% EUP 7,000 1,290 TotalStep by Step Solution
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