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The following information concerns production in the Forging Department for November. All direct materials are placed into the process at the beginning of production, and
The following information concerns production in the Forging Department for November. All direct materials are placed into the process at the beginning of production, and conversion costs are incurred evenly throughout the process. The $ beginning inventory consists of $ of direct materials.
ACCOUNT Work in ProcessForging Department ACCOUNT NO
tableDateItem,Debit,Credit,BalanceDebitCreditNovtableBal units, Completed debit,
November direct materials units debit debit
November direct labor debit debit november factory overhead debit debit november goods finised Units November bal units, completed debit
solve
A cost of beginning work in process inventory completed in november.
B cost of units transferred to the next department during november.
C cost of ending work in process inventory on november
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