Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Carlberg Company has two manufacturing departments, assembly and painting. The assembly department started 12,200 units during November. The following production activity unit and cost

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
The Carlberg Company has two manufacturing departments, assembly and painting. The assembly department started 12,200 units during November. The following production activity unit and cost information refers to the assembly department's November production activities Assembly Department Beginning work in process Units transferred out Ending work in process Units 3,000 10,000 5,200 Percent of Direct Materials Added 70% 100% 85% Percent of Conversion 30% 100% 35% $2,288 (includes $1,484 for direct materials and $804 for conversion) Beginning work in process inventory-Assembly dept Costs added during the month: Direct materials Conversion $12,936 $16,926 Complete this question by entering your answers in the tabs below. Materials Conversion Calculate the assembly department's equivalent units of production for materials for November. Use the we method. Equivalent units of production (EUP) - weighted average method Units % Materials Units completed and transferred out 10,000 100% Ending work in process - units 5,200 85% Total 15,200 EUP 10,0001 4,420 14,4201 Materia Conversion > Materials Conversio Calculate the assembly department's equivalent units of production for conversion for method. Equivalent units of production (EUP) - weighted average method Units % Conversion EUP Total ( Materials Conversion Required: Calculate the assembly department's cost per equivalent unit of production for materials and for conversion for November. Use the weighted average method. Choose Numerator Cost per equivalent unit of production Choose Denominator Equivalent units of production Costs to be allocated Cost per equivalent unit of production Direct Materials Conversion Required: Assign costs to the assembly department's output-specifically, the units transferred out to the painting department and the units that remain in process in the assembly department at month-end. Use the weighted average method. (Do not round Intermediate calculations.) CARLBERO COMPANY Weighted average method Costs of units transferred out Direct materials Corworsion Total costs transferred out Costs of ending work in process Direct materials Conversion Total costs of ending work in proces Total costs assigned Required: Prepare the November 30 journal entry to record the transfer of units (and costs) from the assembly department to the painting department. Use the weighted-average method. View transaction list Journal entry worksheet Record the transfer of units from the assembly department to the painting department (weighted average method.) Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry Vlew general Journal

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

9th Edition

1118334329, 978-1118334324

More Books

Students also viewed these Accounting questions

Question

Why are convenience samples ill advised?

Answered: 1 week ago

Question

What is the Easterlin Paradox?

Answered: 1 week ago