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Thank you! Assembly Department had no Work-in-Process Inventory on October 31. 1. (Click the icon to view additional infomation.) Read the requirements. the nearest cent
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Assembly Department had no Work-in-Process Inventory on October 31. 1. (Click the icon to view additional infomation.) Read the requirements. the nearest cent and all other amounts to the nearest whole dollar. Abbreviation used: EUP = equivalent units of production.) More info In mid-November, Sue Electronics started production on 99,000 game consoles. Of this number, 95,000 game consoles were assembled during November and transferred out to the Programming Department. The November 30 Work-in-Process Inventory in the Assembly Department was 45% of the way through the assembly process. Direct materlals costing $301,950 were placed in production in Assembly during November, direct labor of $100,960 was assigned, and manufacturing overhead of $136,200 was allocated to that department. and manufacturing overhead of $136,200 was allocated to that cepartment. Costs accounted for: (8) (9) Total costs accounted for Requirement 2. Prepare a T-account for Work-in-Process inventory-Assembly to show its activity during November, including the November 30 balance. Requirements 1. Prepare a production cost report for the Assembly Department for November. The company uses the weighted-average method. 2. Prepare a T-account for Work-in-Process Inventory-Assembly to show its activity during November, including the November 30 balance
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