Carla Carpet manufactures broadloom carpet in seven processes: spinning, dyeing, plying, spooling, tufting, latexing and shearing. In the Dyeing Department, direct materials (dye) are added at the beginning of the process. Conversion costs are incurred evenly throughout the process. Information for November 2018 follows: E (Click the icon to view the data.) O Data Table Read the requirements. Completed and transferred out 480 480 480 480 Ending work-in-process 140 140 140 112 UNITS 620 620 620 592 Beginning Work-in-Process Inventory 70 rolls Total units accounted for Transferred in from Spinning Department during November 550 rolls Transferred Direct Conversion Total Completed during November 480 rolls Ending Work-in-Process (80% complete for conversion work) 140 rolls COSTS In Materials Costs Costs COSTS Costs to account for: Beginning Work-in-Process Inventory (transferred in costs, $4,000; materials cost, $1,400; conversion costs, $5,300) $ 10,700 Transferred in from Spinning Department 23,280 14,100 Materials cost added during November Conversion costs added during November (manufacturing wages, $8,725; manufacturing overhead allocated, $43,991) Total costs to account for 52,716 Cost per equivalent unit
Carla Carpet manufactures broadloom carpet in seven processes: spinning, dyeing, plying, spooling, tufting, latexing and shearing. In the Dyeing Department, direct materials (dye) are added at the beginning of the process. Conversion costs are incurred evenly throughout the process. Information for November 2018 follows: E (Click the icon to view the data.) O Data Table Read the requirements. Completed and transferred out 480 480 480 480 Ending work-in-process 140 140 140 112 UNITS 620 620 620 592 Beginning Work-in-Process Inventory 70 rolls Total units accounted for Transferred in from Spinning Department during November 550 rolls Transferred Direct Conversion Total Completed during November 480 rolls Ending Work-in-Process (80% complete for conversion work) 140 rolls COSTS In Materials Costs Costs COSTS Costs to account for: Beginning Work-in-Process Inventory (transferred in costs, $4,000; materials cost, $1,400; conversion costs, $5,300) $ 10,700 Transferred in from Spinning Department 23,280 14,100 Materials cost added during November Conversion costs added during November (manufacturing wages, $8,725; manufacturing overhead allocated, $43,991) Total costs to account for 52,716 Cost per equivalent unit
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question 6, Part 2. Please answer in same format as quesiton
Transcribed Image Text:Month Ended November 30
Equivalent Units
Physical Transferred
Direct
Conversion
UNITS
Units
In
Materials
Costs
Units to account for:
Beginning work-in-process
70
Transferred in
550
620
Total units to account for
Units accounted for:
Completed and transferred out
480
480
480
480
140
140
140
112
Ending work-in-process
620
620
620
592
...
Transcribed Image Text:Carla Carpet manufactures broadloom carpet in seven processes: spinning, dyeing, plying, spooling, tufting, latexing and shearing. In the Dyeing Department, direct materials (dye) are added at the beginning of the process. Conversion costs are
incurred evenly throughout the process. Information for November 2018 follows:
E (Click the icon to view the data.)
i Data Table
Read the requirements.
Completed and transferred out
480
480
480
480
Ending work-in-process
140
140
140
112
UNITS
620
620
620
592
Beginning Work-in-Process Inventory
70 rolls
Total units accounted for
Transferred in from Spinning Department during November
550 rolls
Completed during November
480 rolls
Transferred
Direct
Conversion
Total
Ending Work-in-Process (80% complete for conversion work)
140 rolls
COSTS
In
Materials
Costs
Costs
COSTS
Costs to account for:
Beginning Work-in-Process Inventory (transferred in costs, $4,000;
materials cost, $1,400; conversion costs, $5,300)
$
10,700
Transferred in from Spinning Department
23,280
14,100
Materials cost added during November
Conversion costs added during November (manufacturing wages,
$8,725; manufacturing overhead allocated, $43,991)
Total costs to account for
52,716
Cost per equivalent unit
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