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 10,000 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 2,000 9,000 3,000 Percent of Direct Materials 603 1003 803 Percent of Conversion 40% 100% 30% $1,581 (consists of $996 for direct materials and $585 for conversion) Beginning work in process inventory-Assembly dept Costs added during the month: Direct materials Conversion $ 10,404 $ 12,285 QS 20-13 Weighted average: Journal entry to transfer costs LO P4 Required: Prepare the November 30 journal entry to record the transfer of costs from the assembly department to the painting department. Use the weighted average method. View transaction list Journal entry worksheet Record the transfer of costs from the assembly department to the painting department (weighted average method.) Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general Journal QS 20-14A FIFO: Equivalent units of production LO C4 Required: Calculate the assembly department's equivalent units of production for materials and for conversion for November. Use the FIFO method. 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 EUP Total 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 EUP Total Required: Calculate the assembly department's cost per equivalent unit of production for materials and for conversion for November. Use the FIFO method. Cost per equivalent unit of conversion Choose Denominator Choose Numerator Cost per equivalent unit of production Direct Materials Conversion QS 20-16A FIFO: Assigning costs to output LO C4 Required: Assign costs to the assembly department's output-specifically, the units transferred out to the painting department and the units that remain in process in the assembly department at month-end. Use the FIFO method. (Do not round intermediate calculations.) CARLBERG COMPANY FIFO method Costs of units transferred out Cost of beginning work in process inventory Costs to complete beginning work in process Direct materials Conversion Total costs to complete Cost of units started and completed this period Direct materials Conversion Total cost of units started and completed Total costs of units transferred out Cost of ending work in process inventory Direct materials Conversion Total costs of ending work in process Total costs assigned QS 20-17A FIFO: Journal entry to transfer costs LO P4 Required: Prepare the November 30 journal entry to record the transfer of costs from the assembly department to the painting department. Use the FIFO method. View transaction list Journal entry worksheet Record the transfer of units from the assembly department to the painting department (FIFO method.) Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal
