rlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 12,000 units during November. The following production activity in both units andcosts refers to the Assembly department's November activities.Assembly DepartmentBeginning work in process inventory 3,000 60%Units started this period12,000Units completed and transferred out 10,000Ending work in process inventory 5,000 85%Cost of beginning work in processDirect materialsConversionCosts added this monthDirect materialsConversionUnits Percent Complete for Direct Materials Percent Complete for Conversion40%$ 1,4551,105$ 2,56019,92020,045 39,96535%QS 20-13 (Algo) Weighted average: Entry to transfer costs LO P4Prepare the November 30 journal entry to record the transfer of costs from the Assembly department to the Painting department. Use the weighted average method.

Name: rlberg Company has two manufacturing departments, Assembly and Painti
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Description: rlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 12,000 units during November. The following production activity in both units andcosts refers to the Assembly department's November activities.A

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lberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 12,000 units during November. The following production activity in both costs refers to the Assembly department's November activities. Assembly Department Beginning work in process inventory 3,000 Units started this period 12,000 Units completed and transferred out 10,000 Ending work in process inventory 5,000 Cost of beginning work in process Direct materials Conversion Costs added this month Direct materials Conversion Units Percent Complete for Direct Materials Percent Complete for Conversion 60% 40% $ 1,455 1,105 19,920 85% $ 2,560 20,045 39,965 35% S 20-13 (Algo) Weighted average: Entry to transfer costs LO P4 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.

lberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 12,000 units during November. The following production activity in both costs refers to the Assembly department's November activities. Assembly Department Beginning work in process inventory 3,000 Units started this period 12,000 Units completed and transferred out 10,000 Ending work in process inventory 5,000 Cost of beginning work in process Direct materials Conversion Costs added this month Direct materials Conversion Units Percent Complete for Direct Materials Percent Complete for Conversion 60% 40% $ 1,455 1,105 19,920 85% $ 2,560 20,045 39,965 35% S 20-13 (Algo) Weighted average: Entry to transfer costs LO P4 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.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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