Required information [The following information applies to the questions displayed below.] Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 10,300 units during November. The following production activity in both units and costs refers to the Assembly department's November activities. Percent Assembly Department Units Complete for Direct Materials Percent Complete for Conversion Beginning work in process inventory 3,000 60% 40% Units started this period 10,300 Units completed and transferred out 10,000 Ending work in process inventory 3,300 80% 30% Cost of beginning work in process Direct materials Conversion Costs added this month Direct materials Conversion $ 896 1,800 $ 2,696 13,008 14,685 27,693 Calculate the Assembly department's cost per equivalent unit of production for materials and for conversion for November. Use the weighted average method. Cost per Equivalent Unit of Production Direct Materials Conversion Costs of beginning work in process $ 896 $ 1,800 Costs added this period 13,008 14,685 Total costs $ 13,904 $ 16,485 +Equivalent units of production 12,640 Cost per equivalent unit of production

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 10,300 units
during November. The following production activity in both units
and costs refers to the Assembly department's November
activities.
Percent
Assembly Department
Units
Complete for
Direct
Materials
Percent
Complete for
Conversion
Beginning work in process inventory
Units started this period
3,000
60%
40%
10,300
Units completed and transferred out
10,000
Ending work in process inventory
3,300
80%
30%
Cost of beginning work in process
Direct materials
Conversion
Costs added this month
Direct materials
Conversion
$ 896
1,800
$ 2,696
13,008
14,685
27,693
Calculate the Assembly department's cost per equivalent unit of
production for materials and for conversion for November. Use the
weighted average method.
Cost per Equivalent Unit of Production
Direct Materials
Conversion
Costs of beginning work in process
$
896 $
1,800
Costs added this period
13,008
14,685
Total costs
$
13,904 $
16,485
+Equivalent units of production
12,640
Cost per equivalent unit of production
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 10,300 units during November. The following production activity in both units and costs refers to the Assembly department's November activities. Percent Assembly Department Units Complete for Direct Materials Percent Complete for Conversion Beginning work in process inventory Units started this period 3,000 60% 40% 10,300 Units completed and transferred out 10,000 Ending work in process inventory 3,300 80% 30% Cost of beginning work in process Direct materials Conversion Costs added this month Direct materials Conversion $ 896 1,800 $ 2,696 13,008 14,685 27,693 Calculate the Assembly department's cost per equivalent unit of production for materials and for conversion for November. Use the weighted average method. Cost per Equivalent Unit of Production Direct Materials Conversion Costs of beginning work in process $ 896 $ 1,800 Costs added this period 13,008 14,685 Total costs $ 13,904 $ 16,485 +Equivalent units of production 12,640 Cost per equivalent unit of production
Expert Solution
steps

Step by step

Solved in 4 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