Work Problem using the FIFO method. The Dyeing Department beginning work in process of 90 units is 30% complete as to conversion costs. Round equivalent unit of production costs to four decimal places.

In problem

Requirements
1. Prepare the November production cost report for Christine’s Dyeing Department.
2. Journalize all transactions affecting Christine’s Dyeing Department during November, including the entries that have already beenposted.

Transcribed Image Text:

UNITS Beginning Work-in-Process Inventory Transferred in from Spinning Department during November Completed during November Ending work-in-Process Inventory (80% complete for 90 rolls 540 rolls 510 rolls 120 rolls conversion work) COSTS Beginning Work-in-Process Inventory (transferred in costs, $4,900; materials costs, $1,390; conversion costs, $4,900) Transferred in from Spinning Department Materials costs added during November Conversion costs added during November (manufacturing 11,190 22,190 11,210 wages, $8,225; manufacturing overhead, $43,839) 52,064