Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following information applies to the questions displayed below! Carlberg Company has two manufacturing departments, assembly and painting. The assembly department started 10,000 unts during

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
The following information applies to the questions displayed below! Carlberg Company has two manufacturing departments, assembly and painting. The assembly department started 10,000 unts during November. The following production activity unit and cost information refers to the assembly department's November production activities Assenbly Department Beginning work in process Units transferred out Ending work in process Units 2,000 9,000 3,000 Percent of Direct Materials 60 100% 80% Percent of Conversion 40% 100 Jos Beginning work in process inventory-Assembly dept Costs added during the month Direct materials Conversion $1,581 (consists of $996 for direct materials and $585 for conversion) $10,404 $12,285 QS 03-14A FIFO: Equivalent units of production LO C4 Required: Calculate the sembly departments Guivalent units of production for materials and for conversion for November Use the FIFO method Required: Calculate the assembly department's equivalent units of production for materials and for conversion for November. Use the FIFO method Complete this question by entering your answers in the tabs below. Materials Conversion Calolate the assembly department's equivalent units of production for materials for Norbert the FIFO method Tuvaletunts of production (med Conversion> Required: Calculate the assembly department's cost per equivalent unit of production for materials and for conversion for November. Use the FIFO method Cost per equivalent unit of conversion KIM PHU Inien.vn Choose Numerato Cost per event wit 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 PFO method. (Do not round Intermediate calculations.) CARRERA COMPANY Othon Costs of units freddened out Cost of begiving work in processory Costs to complete beginning work in process Direct materials Conversion Total costs to complete Cost of its started and completed this period Direct mais Conversion Total cost of its started and completed Total costs of an issed out Costoning work in process inventory Diremati Comunion Total costs of ending work process Yotal costs assigned Required: Prepare the November 30 joumal entry to record the transfer of costs from the assembly department to the pointing department. Use the FIFO method View transaction lat Journal entry worksheet > Record the transfer of units from the assembly department to the painting department (FIFO method.) Noenter debit before cred Transaction General Journal Crede A Hacendente Chandy Viwand

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

Mindful Brand Auditing The New Way To Explore Brand Value

Authors: Kurt Gassner

1st Edition

3987939176, 978-3987939174

More Books

Students also viewed these Accounting questions

Question

=+3. Why is this a correlational study?

Answered: 1 week ago