Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 12,200units during November. The following production activity in both units and costs refers to the Assembly department'sNovember activities.Assembly DepartmentBeginning work in process inventory.Units started this periodUnits completed and transferred outEnding work in process inventoryCost of beginning work in processDirect materialsConversionCosts added this monthDirect materialsConversionCost per Equivalent Unit of ProductionCosts added this periodCosts of beginning work in processTotal costs+ Equivalent units of productionCost per equivalent unit of productionUnits3,00012,20010,0005,200Direct Materials$Percent.Complete forDirectMaterials70%$ 1,48480412,93616,92685%Calculate the Assembly department's cost per equivalent unit of production for materials and for conversion for November. Use theweighted average method.1,4841,484 $$ 2,288ConversionPercentComplete forConversion30%29,86280480435%

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Description: Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 12,200units during November. The following production activity in both units and costs refers to the Assembly department'sNovember activities.

Under weighted average method the cost used is the average and then it is to be applied evenly both…

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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 Units 3,000 12,200 10,000 5,200 Percent Complete for Direct Materials 70% $ 1,484 804 12,936 16,926 85% Percent Complete for Conversion 30% $ 2,288 29,862 35% 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 12,200 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 Units 3,000 12,200 10,000 5,200 Percent Complete for Direct Materials 70% $ 1,484 804 12,936 16,926 85% Percent Complete for Conversion 30% $ 2,288 29,862 35% 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

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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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