okences[The following information applies to the questions displayed below]Carlberg Company has two manufacturing departments, Assembly and Painting The Assembly department started 12,000units during November. The following production activity in both units and costs refers to the Assembly department'sNovember activitiesAssembly DepartmentBeginning work in process inventoryUnits started this periodUnits completed and transferred outEnding work in process InventoryCost of beginning work in processDirect naterialsConversionCosts added this monthDirect materialsConversionCost per Equivalent Unit of ProductionUnitsTotal cusis-Equivalent units of productionCost per equivalent unit of production3,00012,00010,0005,000PercentComplete forDirectMaterials60x$ 1,4551.10519,92020,04585%PercentComplete forConversionDirect Materials Conversion$ 2,560QS 20-11 (Algo) Weighted average: Cost per EUP LO P1Calculate the Assembly department's cost per equivalent unit of production for materials and for conversion for November. Use theweighted average method39,96535%

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Description: okences[The following information applies to the questions displayed below]Carlberg Company has two manufacturing departments, Assembly and Painting The Assembly department started 12,000units during November. The following production activity in bo

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Carlberg Company has two manufacturing departments, Assembly and Painting The Assembly department started 12.000 units during November. The following production activity in both units and costs refers to the Assembly department's November activities Assembly Department Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process Inventory Cost of beginning work in process Direct materials Conversion Costs added this month Direct materials Conversion Units 3,000 12,000 10,000 5,000 Percent Complete for Direct Materials 60% $ 1,455 1,105 19,920 20,045 85% $ 2,560 Percent Complete for Conversion 40% 39,965 4 35X as 20-11 (Algo) Weighted average: Cost per EUP LO P1 Calculate the Assembly department's cost per equivalent unit of production for materials and for conversion for November. Use the weighted average method

Carlberg Company has two manufacturing departments, Assembly and Painting The Assembly department started 12.000 units during November. The following production activity in both units and costs refers to the Assembly department's November activities Assembly Department Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process Inventory Cost of beginning work in process Direct materials Conversion Costs added this month Direct materials Conversion Units 3,000 12,000 10,000 5,000 Percent Complete for Direct Materials 60% $ 1,455 1,105 19,920 20,045 85% $ 2,560 Percent Complete for Conversion 40% 39,965 4 35X as 20-11 (Algo) Weighted average: Cost per EUP LO P1 Calculate the Assembly department's cost per equivalent unit of production for materials and for conversion for November. Use the weighted average method

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Process Costing Journal Entries In October, the cost of materials transferred into the Rolling Department from the Casting Department of Jabari Steel Company is $564,000. The conversion cost for the period in the Rolling Department is $110,500 ($61,000 factory overhead applied and $49,500 direct labor). The total cost transferred to Finished Goods for the period was $600,000. The Rolling Department had a beginning inventory of $20,600. a1. Journalize the cost of transferred-in materials for the Rolling Department. If an amount box does not require an entry, leave it blank. a2. Journalize the conversion costs for the Rolling Department. If an amount box does not require an entry, leave it blank.. ED a3. Journalize the costs transferred out to Finished Goods for the Rolling Department. If an amount box does not require an entry, leave it blank. b. Determine the balance of Work in Process-Rolling at the end of the period.
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Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 12,300 units during November. The following production activity in both units and costs refers to the Assembly department's November activities. Assembly Department Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Cost of beginning work in process Direct materials Conversion Costs added this month Direct materials Conversion Beginning work in process To complete beginning work in process Direct materials Conversion Started and completed Direct materials Conversion Completed and transferred out Ending work in process Direct materials Conversion Units 3,200 12,300 10, 200 5,300 Total costs accounted for Percent Complete for Direct Materials 75% $ 1,143 624 1,143 13,827 17,856 CARLBERG COMPANY Cost assignment-FIFO EUP Assign costs to the Assembly department's output-specifically, the units transferred…
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2 Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 11,700 units during November. The following production activity in both units and costs refers to the Assembly department's November activities. Assembly Department Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Cost of beginning work in process Direct materials Conversion Costs added this month Direct materials Conversion Materials Units Conversion 2,000 11,700 9,000 4,700 Percent Complete for Direct Materials 65% Equivalent units of production: Weighted $ 1,407 1,241 25,053 25,959 90% Complete this question by entering your answers in the tabs below. Percent Complete for Conversion 35% $ 2,648 Required: Calculate the Assembly department's equivalent units of production for materials and for conversion for November. Use the weighted average method. 51,012 40% Calculate the Assembly department's…
Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 12,200 units during November. The following production activity in both units and costs refers to the Assembly department's November activities. Assembly Department Beginning work in process inventory. Units started this period Units completed and transferred out Ending work in process inventory Cost of beginning work in process Direct materials Conversion Costs added this month Direct materials Conversion Cost per Equivalent Unit of Production Costs added this period Costs of beginning work in process Total costs + Equivalent units of production Cost per equivalent unit of production Units 3,000 12,200 10,000 5,200 Direct Materials $ Percent. Complete for Direct Materials 70% $ 1,484 804 12,936 16,926 85% Calculate the Assembly department's cost per equivalent unit of production for materials and for conversion for November. Use the weighted average method. 1,484 1,484 $ $ 2,288…
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Required information [The following information applies to the questions displayed below] Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 11,600 units during November. The following production activity in both units and costs refers to the Assembly department's November activities Assembly Department Percent Complete for Direct Materials (Percent Complete for Conversion Units Beginning work in process inventory Units started this period 2,500 60% 40% 11,600 Units completed and transferred out 9,500 Ending work in process inventory 4,600 85% 35% Cost of beginning work in process Direct materials Conversion Costs added this month Direct materials Conversion $1,059 509 $1,643 19,056 17,117 36,243 Assign costs to the Assembly department's output-specifically, the units transferred out to the Painting department and the units that remain in work in process in the Assembly department at month-end. Use the FIFO method. Note: Do not…
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