St. Germaine Company manufactures car seats in its Seattle plant. Each car seat Data for the assembly department for October 2017 are as follows: passes through the assembly department and the testing department. This problem (Click the icon to view the assembly department data.) focuses on the assembly department. (Click the icon to view information about St. Germaine Company's process- (Click the icon to view the total costs to account for.) costing system.) (Click the icon to view the total costs accounted for.) Read the requirement. Prepare a set of summarized journal entries for all October 2017 transactions affecting Work in ProcessAssembly. (Record debits first, then credits. Exclude explanations from any journal entries.) Begin by recording the purchase and use of direct materials. Journal Entry Accounts Debit Credit JE 1 Choose from any list or enter any number in the input fields and then click Check Answer. on - X i More Info 5. The process-costing system at St. Germaine Company has a single direct-cost category (direct materials) and a single indirect-cost category (conversion costs). Direct materials are added at the beginning of the process. Conversion costs are added evenly during the process. When the assembly department finishes work on each car seat, it is immediately transferred to testing. St. Germaine Company uses the weighted average method of process costing. ad Print Done i Data Table - X Physical Units Direct Conversion (Car Seats) Materials Costs Work in process, October 19 4,500 $1,102,500 $475,875 Started during October 2017 20,500 Completed during October 2017 22,500 Work in process, October 31b 2,500 Total costs added during October 2017 $3,997,500 $2,059,125 a Degree of completion: direct materials, ?%; conversion costs, 60%. Degree of completion: direct materials, ?%; conversion costs, 75%. Print Done laaa i Total costs to account for Total Direct Conversion Costs Work in process, beginning Production Costs Materials $ 1,578,375 $ 1,102,500 $ 6,056,625 3,997,500 475,875 2,059,125 Costs added in current period $ 7,635,000 $ 5,100,000 $ 2,535,000 Total costs to account for Print Done number in the input fields and then click Check Answer. Total costs accounted for i Total Direct Conversion Completed and transferred out Production Costs Materials Costs $ 6,930,000 $ 4,590,000 $ 2,340,000 705,000 510,000 195,000 Work in process, ending $ Total costs accounted for 7,635,000 $ 5,100,000 $ 2,535,000 Print Done number in the input fields and then click Check Answer. pur . i Requirement fir Prepare a set of summarized journal entries for all October 2017 transactions affecting Work in ProcessAssembly. Set up a T-account for Work in ProcessAssembly and post your entries to it. Print Done St. Germaine Company manufactures car seats in its Seattle plant. Each car seat Data for the assembly department for October 2017 are as follows: passes through the assembly department and the testing department. This problem (Click the icon to view the assembly department data.) focuses on the assembly department. (Click the icon to view information about St. Germaine Company's process- (Click the icon to view the total costs to account for.) costing system.) (Click the icon to view the total costs accounted for.) Read the requirement. Prepare a set of summarized journal entries for all October 2017 transactions affecting Work in ProcessAssembly. (Record debits first, then credits. Exclude explanations from any journal entries.) Begin by recording the purchase and use of direct materials. Journal Entry Accounts Debit Credit JE 1 Choose from any list or enter any number in the input fields and then click Check Answer. on - X i More Info 5. The process-costing system at St. Germaine Company has a single direct-cost category (direct materials) and a single indirect-cost category (conversion costs). Direct materials are added at the beginning of the process. Conversion costs are added evenly during the process. When the assembly department finishes work on each car seat, it is immediately transferred to testing. St. Germaine Company uses the weighted average method of process costing. ad Print Done i Data Table - X Physical Units Direct Conversion (Car Seats) Materials Costs Work in process, October 19 4,500 $1,102,500 $475,875 Started during October 2017 20,500 Completed during October 2017 22,500 Work in process, October 31b 2,500 Total costs added during October 2017 $3,997,500 $2,059,125 a Degree of completion: direct materials, ?%; conversion costs, 60%. Degree of completion: direct materials, ?%; conversion costs, 75%. Print Done laaa i Total costs to account for Total Direct Conversion Costs Work in process, beginning Production Costs Materials $ 1,578,375 $ 1,102,500 $ 6,056,625 3,997,500 475,875 2,059,125 Costs added in current period $ 7,635,000 $ 5,100,000 $ 2,535,000 Total costs to account for Print Done number in the input fields and then click Check Answer. Total costs accounted for i Total Direct Conversion Completed and transferred out Production Costs Materials Costs $ 6,930,000 $ 4,590,000 $ 2,340,000 705,000 510,000 195,000 Work in process, ending $ Total costs accounted for 7,635,000 $ 5,100,000 $ 2,535,000 Print Done number in the input fields and then click Check Answer. pur . i Requirement fir Prepare a set of summarized journal entries for all October 2017 transactions affecting Work in ProcessAssembly. Set up a T-account for Work in ProcessAssembly and post your entries to it. Print Done
