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

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

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Description: Required information[The following information applies to the questions displayedbelow.]Carlberg Company has two manufacturing departments, Assemblyand Painting. The Assembly department started 10,300 unitsduring November. The following production a

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Use this information about the Assembly Department to answer the question that follows. The debits to Work in Process-Assembly Department for April, together with data concerning production, are as follows: April 1, work in process: Materials cost, 3,000 units $ 7,500 Conversion costs, 3,000 units, 80% completed 6,000 Materials added during April, 10,000 units 29,000 Conversion costs during April 35,000 Goods finished during April, 11,500 units — April 30 work in process, 1,500 units, 60% completed — All direct materials are added at the beginning of the process, and the average cost method is used to cost inventories. The cost per equivalent unit for April is a.$2.70 b.$6.74 c.$6.25 d.$6.40
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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 10,800 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 2,400 75% 25% 10,800 Units completed and transferred out 9,400 Ending work in process inventory 3,800 95% 35% Cost of beginning work in process Direct materials Conversion Costs added this month Direct materials Conversion $ 2,479 487 $ 2,966 23,541 26,338 49,879 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…
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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 Cost per Equivalent Unit of Production Costs added this period Costs of beginning work in process Total costs + Equivalent units of production Cost per equivalent unit of production Units 3,000 12,200 10,000 5,200 Direct Materials $ Percent. Complete for Direct Materials 70% $ 1,484 804 12,936 16,926 85% Calculate the Assembly department's cost per equivalent unit of production for materials and for conversion for November. Use the weighted average method. 1,484 1,484 $ $ 2,288…
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Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 10,900 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 2,500 60% Percent Complete for Direct Materials Percent Complete for Conversion 40% 10,900 Units completed and transferred out Ending work in process inventory 9,500 3,900 80% 30% Cost of beginning work in process Direct materials Conversion Costs added this month Direct materials Conversion $ 944 533 $ 1,477 11,676 15,472 27,148 QS 16-17A (Algo) FIFO: Journal entry to transfer costs LO P4 Prepare the November 30 journal entry to record the transfer of costs from the Assembly department to the…
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Line following information applies to the questions displayed below.j Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 12,100 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 Cost per Equivalent Unit of Production Costs of beginning work in process Costs added this period Total costs + Equivalent units of production Cost per equivalent unit of production Units 3,500 12,100 $ 10,500 5,100 Direct Materials $ Percent Complete for Percent Direct Complete for Materials. Conversion 60% 40% 1,902 19,968 21,870 $ 1,902 1,457 19,968 20,197 80% Calculate the Assembly department's cost per…
Required information [The following information applies to the questions displayed below.] Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 12,000 units during November. The following production activity in both units and costs refers to the Assembly department's November activities. Percent Complete for Direct Assembly Department Units Beginning work in process inventory Units started this period 3,000 Materials 60% Percent Complete for Conversion 40% 12,000 Units completed and transferred out 10,000 Ending work in process inventory 5,000 85% 35% Cost of beginning work in process Direct materials Conversion Costs added this month Direct materials Conversion $ 1,455 1,105 $2,560 19,920 20,045 39,965 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 t Assembly department at month-end. Use the FIFO method. Note: Do not…
Use this information about Department G to answer the question that follows. Department G had 3,600 units 25% completed at the beginning of the period, 11,000 units were completed during the period, 3,000 units were 20% completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period: Work in process, beginning of period $40,000 Costs added during period: Direct materials (10,400 units at $8) 83,200 Direct labor 63,000 Factory overhead 25,000 All direct materials are added at the beginning of the process, and the first-in, first-out cost flow method is used. Determine the total cost of the inventory in process at the end of the period. Round the unit cost computation to the nearest cent. a. $21,432 b. $16,163 c. $28,932 d. $35,670