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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
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 11,700 units during November. The following production activity unit and cost information refers to the assembly department's November production activities. Percent of Direct Assembly Department Units Materials Beginning work in process 2,000 65% Units transferred out 9,000 100% Ending work in process 4,700 90% Percent of Conversion 35% 100% 40% Beginning work in process inventory-Assembly dept Costs added during the month: Direct materials Conversion $2,648 (consists of $1,407 for direct materials and $1,241 for conversion) $25,053 $25,959 QS 16-17A 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 1 Record the transfer of units from the assembly department to the painting department (FIFO method.) Note: Enter debits before credits. Transaction 1 General Journal Debit Credit
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