Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Required information Use the following Information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] Carlberg Company has two
Required information Use the following Information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 11,00C units during November. The following production activity in both units and costs refers to the Assembly department's November activities. Wercent Complete for Percent Direct Complete for Materials Conversion Assembly Department Units Beginning work in process inventory 2,500 60% 40% Units started this period 11,000 Units completed and transferred out Ending work in process inventory 9,500 4,000 85% 35% Cost of beginning work in process Direct materials $ 1,230 510 $1,740 Conversion Costs added this month Direct materials Conversion 14, 250 15,840 30,090 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 Date General Journal Debit Credit November 30 Work in process inventory-Painting Work in process inventory-Assembly
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