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The Assembly Dept of KJLN Motors began Sept with no work in progress inventory. During the month production that cost $35,282 (Direct Materials: $8,242 and
The Assembly Dept of KJLN Motors began Sept with no work in progress inventory. During the month production that cost $35,282 (Direct Materials: $8,242 and conversion cost $27,040) was stated on 23,000units KJN completed and transferred to the Testing Dept a total of 12,000 unit. The ending work in process inventory was 35% complete as to direct materials and 80% complete as to conversion work.
The Assembly Department of KJN Motors began September with no work in process inventory During the month production that cost 535 282 (direct materials. S8 242 and conversion costs $27.040) was started on 23.000 units KJN completed and transferred to the Testing Department a total of 12,000 units The ending work in process inventory was 35% complete as to direct materials and 80% complete as to conversion work Read the requirements Requirement 1. Compute the equivalent units for direct materials and conversion costs Requirement 1. Compute the equivalent units for direct materials and conversion costs. Assembly Department Equivalent Unit Computation Month Ended September 30 Flow of Equivalent Units Physical Direct Conversion Flow of Production Units Materials Costs Units accounted for: Total equivalent units Choose from any list or enter any number in the input fields and then continue to the next question U Type here to search O T g C Requirement 2. Compute the cost per equivalent unit. (For entries with a 50 balance, make sure to enter "0" in the appropriate column Enter the cost per equivalent unit to two decimal places Assembly Department Cost per Equivalent Unit Month Ended September 30 Direct Conversion Materials Costs Cost per equivalent unit 3 to conversion work Requirement 3. Assign the costs to units completed and transferred out and ending work in process inventory (Enter quantities first then the cost per equivalent unit amounts in the same order as calculated in the preceding slep Assembly Department Month Ended September 30 Assigning Costs Direct Conversion Costs Materials Total Completed and transferred out: Ending work in process: Total costs accounted for Dominum Donau 2 Requirement 4. Record the journal entry for the costs transferred out of the Assembly Department to the Testing Department (Record debits first then credits Exclude explanations from any journal entries Journal Entry Date Accounts Debit Credit Requirement 5. Post all of the transactions in the Work in Process Inventory- Assembly T-account. What is the ending balance? (For entries with a 50 balance make sure to enter in the appropriate column) Work in Process Inventory-Assembly ? Choose from any list or enter any number in the input fields and then continue to the next question AM Pa 10
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