Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 11,800 units during November. The following production activity in both units and costs refers to the Assembly department's November activities. Assembly Department Units Direct Materials Percent Complete for Percent Complete for Conversion Beginning work in process inventory Units started this period 2,500 60% 40% 11,800 Units completed and transferred out 9,500 Ending work in process inventory 4,800 80% 30% Cost of beginning work in process Direct materials Conversion Costs added this month Direct materials Conversion $ 1,816 2,003 $ 3,819 24,864 25,347 50,211 n costs to the Assembly department's output-specifically, the units transferred out to the Painting department and the unit n in work in process in the Assembly department at month-end. Use the FIFO method. Do not round intermediate calculations. CARLBERG COMPANY Cost assignment FIFO

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
icon
Concept explainers
Topic Video
Question
Required information
[The following information applies to the questions displayed below.]
Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 11,800
units during November. The following production activity in both units and costs refers to the Assembly department's
November activities.
Assembly Department
Units
Direct
Materials
Beginning work in process inventory
Units started this period
2,500
60%
Percent
Complete for
Percent
Complete for
Conversion
40%
11,800
Units completed and transferred out
9,500
Ending work in process inventory
4,800
80%
30%
Cost of beginning work in process
Direct materials
Conversion
Costs added this month
Direct materials
$ 1,816
2,003
$ 3,819
24,864
Conversion
25,347
50,211
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 round intermediate calculations.
Beginning work in process
CARLBERG COMPANY
Cost assignment-FIFO
EUP
Cost per EUP
Total Cost
Transcribed Image Text:Required information [The following information applies to the questions displayed below.] Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 11,800 units during November. The following production activity in both units and costs refers to the Assembly department's November activities. Assembly Department Units Direct Materials Beginning work in process inventory Units started this period 2,500 60% Percent Complete for Percent Complete for Conversion 40% 11,800 Units completed and transferred out 9,500 Ending work in process inventory 4,800 80% 30% Cost of beginning work in process Direct materials Conversion Costs added this month Direct materials $ 1,816 2,003 $ 3,819 24,864 Conversion 25,347 50,211 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 round intermediate calculations. Beginning work in process CARLBERG COMPANY Cost assignment-FIFO EUP Cost per EUP Total Cost
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Costing Systems
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education