Required Information [The following information applies to the questions displayed below.] Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 10,000 units during November. The following production activity in both units and costs refers to the Assembly department's November activities. Percent Assembly Department Units Direct Materials Beginning work in process inventory 2,000 60% Complete for Percent Complete for Conversion 40% Units started this period 10,000 Units completed and transferred out 9,000 Ending work in process inventory 3,000 80% 30% Cost of beginning work in process Direct materials Conversion Costs added this month Direct materials Conversion $ 996 585 $ 1,581 10,404 12,285 22,689 Assign costs to the Assembly department's output-specifically, the units transferred out to the Painting department and the units that remain in process in the Assembly department at month-end. Use the weighted average method. Note: Do not round Intermediate calculations. CARLBERG COMPANY Completed and transferred out Direct materials Conversion Ending work in process Direct materials Conversion Cost assignment-Weighted average EUP Cost per EUP Total Cost $ Total costs accounted for 0 $ о
Required Information [The following information applies to the questions displayed below.] Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 10,000 units during November. The following production activity in both units and costs refers to the Assembly department's November activities. Percent Assembly Department Units Direct Materials Beginning work in process inventory 2,000 60% Complete for Percent Complete for Conversion 40% Units started this period 10,000 Units completed and transferred out 9,000 Ending work in process inventory 3,000 80% 30% Cost of beginning work in process Direct materials Conversion Costs added this month Direct materials Conversion $ 996 585 $ 1,581 10,404 12,285 22,689 Assign costs to the Assembly department's output-specifically, the units transferred out to the Painting department and the units that remain in process in the Assembly department at month-end. Use the weighted average method. Note: Do not round Intermediate calculations. CARLBERG COMPANY Completed and transferred out Direct materials Conversion Ending work in process Direct materials Conversion Cost assignment-Weighted average EUP Cost per EUP Total Cost $ Total costs accounted for 0 $ о
Chapter1: Financial Statements And Business Decisions
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Concept explainers
Process Costing
Process costing is a sort of operation costing which is employed to determine the value of a product at each process or stage of producing process, applicable where goods produced from a series of continuous operations or procedure.
Job Costing
Job costing is adhesive costs of each and every job involved in the production processes. It is an accounting measure. It is a method which determines the cost of specific jobs, which are performed according to the consumer’s specifications. Job costing is possible only in businesses where the production is done as per the customer’s requirement. For example, some customers order to manufacture furniture as per their needs.
ABC Costing
Cost Accounting is a form of managerial accounting that helps the company in assessing the total variable cost so as to compute the cost of production. Cost accounting is generally used by the management so as to ensure better decision-making. In comparison to financial accounting, cost accounting has to follow a set standard ad can be used flexibly by the management as per their needs. The types of Cost Accounting include – Lean Accounting, Standard Costing, Marginal Costing and Activity Based Costing.
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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 10,000
units during November. The following production activity in both units and costs refers to the Assembly department's
November activities.
Percent
Complete for
Direct
Percent
Complete for
Conversion
Assembly Department
Units
Materials
Beginning work in process inventory
2,000
60%
40%
Units started this period
10,000
Units completed and transferred out
9,000
Ending work in process inventory
3,000
80%
30%
Cost of beginning work in process
Direct materials
Conversion
Costs added this month
Direct materials
Conversion
$ 996
585
$ 1,581
10,404
12,285
22,689
Assign costs to the Assembly department's output-specifically, the units transferred out to the Painting department and the units that
remain in process in the Assembly department at month-end. Use the weighted average method.
Note: Do not round Intermediate calculations.
CARLBERG COMPANY
Completed and transferred out
Direct materials
Conversion
Cost assignment-Weighted average
EUP
Cost per EUP
Total Cost
Ending work in process
Direct materials
Conversion
Total costs accounted for
$
0
0
S
0](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7e4764b5-f3e0-4820-b07f-697eaa9c8df2%2F6abfc476-5f1d-4c7e-a299-362f72c229f5%2Furhgivn_processed.png&w=3840&q=75)
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 10,000
units during November. The following production activity in both units and costs refers to the Assembly department's
November activities.
Percent
Complete for
Direct
Percent
Complete for
Conversion
Assembly Department
Units
Materials
Beginning work in process inventory
2,000
60%
40%
Units started this period
10,000
Units completed and transferred out
9,000
Ending work in process inventory
3,000
80%
30%
Cost of beginning work in process
Direct materials
Conversion
Costs added this month
Direct materials
Conversion
$ 996
585
$ 1,581
10,404
12,285
22,689
Assign costs to the Assembly department's output-specifically, the units transferred out to the Painting department and the units that
remain in process in the Assembly department at month-end. Use the weighted average method.
Note: Do not round Intermediate calculations.
CARLBERG COMPANY
Completed and transferred out
Direct materials
Conversion
Cost assignment-Weighted average
EUP
Cost per EUP
Total Cost
Ending work in process
Direct materials
Conversion
Total costs accounted for
$
0
0
S
0
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