Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 10,100 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 View transaction list Journal entry worksheet Note: Enter debits before credits. Date November 30 Work in process inventory-Painting Work in process inventory-Assembly General Journal Record entry Units 2,000 10,100 9,000 3,100 Clear entry Percent Complete for Direct Materials. 70% $ 896 687 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 10,584 19,173 Record the transfer of costs from the Assembly department to the Painting department (weighted average method.) 80% Percent Complete for Conversion 40% $ 1,583 Debit 29,757 30% Credit View general journal

Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 10,100 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 View transaction list Journal entry worksheet Note: Enter debits before credits. Date November 30 Work in process inventory-Painting Work in process inventory-Assembly General Journal Record entry Units 2,000 10,100 9,000 3,100 Clear entry Percent Complete for Direct Materials. 70% $ 896 687 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 10,584 19,173 Record the transfer of costs from the Assembly department to the Painting department (weighted average method.) 80% Percent Complete for Conversion 40% $ 1,583 Debit 29,757 30% Credit View general journal

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Description: esCarlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 10,100units during November. The following production activity in both units and costs refers to the Assembly department'sNovember activitie

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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