Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question requirement is on the bottom of the last picture. Darla Carpet manufactures broadloom carpet in seven processes: spinning, dyeing, plying, spooling, tufting, latexing, and
Question requirement is on the bottom of the last picture.
Darla Carpet manufactures broadloom carpet in seven processes: spinning, dyeing, plying, spooling, tufting, latexing, and shearing. In the Dyeing Department, direct materials (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 Transferred in from Spinning Department during November Somnleted during November UNITS Beginning Work-in-Process Inventory Transferred in from Spinning Department during November Completed during November Ending Work-in-Process Inventory (80% complete for conversion work) COSTS Beginning Work-in-Process Inventory (transferred in costs, $4,500; materials costs, $1,500; conversion costs, $5,600) Transferred in from Spinning Department Materials costs added during November Conversion costs added during November (manufacturing wages, $9,725; manufacturing overhead allocated, $43,991) Ending Work-in-Process Inventory (80% complete for conversion work) COSTS Beginning Work-in-Process Inventory (transferred in costs, $4,500; materials costs, $1,500; conversion costs, $5,600) Transferred in from Spinning Department Materials costs added during November Conversion costs added during November (manufacturing wages, $9,725; manufacturing overhead allocated, $43,991) Requirement: Prepare the November production cost report for Carla's Dyeing Department. The company uses the weighted average method. ss Inventory 90 rolls ing Department 550 rolls ber 480 rolls nventory (80% vork) 160 rolls ss Inventory 500; materials costs, $5,600) $ 11,600 ing Department 23,280 ring November 14,400 during November 2,725; allocated, 53,716 COSTS Beginning Work-in-Process Inventory (transferred in costs, $4,500; materials costs, $1,500; conversion costs, $5,600) Transferred in from Spinning Department Materials costs added during November Conversion costs added during November (manufacturing wages, $9,725; manufacturing overhead allocated, $43,991) Requirement: Prepare the November production cost report for Carla's Dyeing Department. The company uses the weighted average method. Darla Carpet manufactures broadloom carpet in seven processes: spinning, dyeing, plying, spooling, tufting, latexing, and shearing. In the Dyeing Department, direct materials (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 Transferred in from Spinning Department during November Somnleted during November UNITS Beginning Work-in-Process Inventory Transferred in from Spinning Department during November Completed during November Ending Work-in-Process Inventory (80% complete for conversion work) COSTS Beginning Work-in-Process Inventory (transferred in costs, $4,500; materials costs, $1,500; conversion costs, $5,600) Transferred in from Spinning Department Materials costs added during November Conversion costs added during November (manufacturing wages, $9,725; manufacturing overhead allocated, $43,991) Ending Work-in-Process Inventory (80% complete for conversion work) COSTS Beginning Work-in-Process Inventory (transferred in costs, $4,500; materials costs, $1,500; conversion costs, $5,600) Transferred in from Spinning Department Materials costs added during November Conversion costs added during November (manufacturing wages, $9,725; manufacturing overhead allocated, $43,991) Requirement: Prepare the November production cost report for Carla's Dyeing Department. The company uses the weighted average method. ss Inventory 90 rolls ing Department 550 rolls ber 480 rolls nventory (80% vork) 160 rolls ss Inventory 500; materials costs, $5,600) $ 11,600 ing Department 23,280 ring November 14,400 during November 2,725; allocated, 53,716 COSTS Beginning Work-in-Process Inventory (transferred in costs, $4,500; materials costs, $1,500; conversion costs, $5,600) Transferred in from Spinning Department Materials costs added during November Conversion costs added during November (manufacturing wages, $9,725; manufacturing overhead allocated, $43,991) Requirement: Prepare the November production cost report for Carla's Dyeing Department. The company uses the weighted average method Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started