Answered step by step
Verified Expert Solution
Link Copied!

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

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
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

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Using Microsoft Excel And Access 20 For Accounting

Authors: Glenn Owen

5th Edition

133751229X, 9781337512299

More Books

Students also viewed these Accounting questions

Question

How would you go about identifying suitable foreign intermediaries?

Answered: 1 week ago