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Use the following information for the Quick Study below. [The following information applies to the questions displayed below.) Carlberg Company has two manufacturing departments, assembly
Use the following information for the Quick Study below. [The following information applies to the questions displayed below.) Carlberg Company has two manufacturing departments, assembly and painting. The assembly department started 10,000 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 2,000 9,000 3,000 Percent of Direct Materials 600 1008 80 Percent of Conversion 408 1000 303 $1,581 (consists of $996 for direct materials and $585 for conversion) Beginning work in process inventory-Assembly dept Coata added during the month: Direct materials Conversion $ 10,404 $ 12,285 QS 20-13 Weighted average: Journal entry to transfer costs LO P4 Required: Prepare the November 30 journal entry to record the transfer of costs from the assembly department to the painting department. Use the weighted average method. View transaction list Journal entry worksheet 1 Record the transfer of costs 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 View general journal QS 20-14A FIFO: Equivalent units of production LO C4 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 Calculate the assembly department's equivalent units of production for materials for November. Use the FIFO method. Equivalent units of production (EUP) - FIFO method Units * % Materials EUP Total Materials Conversion Calculate the assembly department's equivalent units of production for conversion for November. Use the FIFO method. Equivalent units of production (EUP) - FIFO method Units % Conversion EUP Total 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 Choose Denominator Choose Numerator Cost per equivalent unit of production Direct Materiais Conversion
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