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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 12,200 units during November. The following production activity in both units and costs refers to the Assembly department's November activities. Percent Complete for Direct Materials Percent Complete for Conversion 30% Assembly Department Units 70% Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory 85% 35% Cost of beginning work in process Direct materials $ 1,484 Conversion 804 Costs added this month Direct materials Conversion 12,936 16,926 16-11 (Algo) Weighted average: Cost per EUP LO P1 3,000 12,200 10,000 5,200 $ 2,288 29,862

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 12,200 units during November. The following production activity in both units and costs refers to the Assembly department's November activities. Percent Complete for Direct Materials Percent Complete for Conversion 30% Assembly Department Units 70% Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory 85% 35% Cost of beginning work in process Direct materials $ 1,484 Conversion 804 Costs added this month Direct materials Conversion 12,936 16,926 16-11 (Algo) Weighted average: Cost per EUP LO P1 3,000 12,200 10,000 5,200 $ 2,288 29,862

FINANCIAL ACCOUNTING
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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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 12,200 units during November. The following production activity in both units and costs refers to the Assembly department's November activities. Percent Percent Complete for Direct Materials Assembly Department Units Complete for Conversion 30% Beginning work in process inventory Units started this period 70% Units completed and transferred out Ending work in process inventory 85% 35% Cost of beginning work in process Direct materials $ 1,484 Conversion 804 $ 2,288 Costs added this month Direct materials 12,936 Conversion 16,926 29,862 QS 16-11 (Algo) Weighted average: Cost per EUP LO P1 Calculate the Assembly department's cost per equivalent unit of production for materials and for conversion for November. Use the weighted average method. QS 16-12 (Algo) Weighted average: Assigning costs to output LO P1 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. (Do not round intermediate calculations.) CARLBERG COMPANY Cost assignment-Weighted average EUP Cost per EUP Total Cost Completed and transferred out Direct materials Conversion S Ending work in process Direct materials Conversion Total costs accounted for $ 3,000 12,200 10,000 5,200 0 0 0
Transcribed Image Text: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 12,200 units during November. The following production activity in both units and costs refers to the Assembly department's November activities. Percent Percent Complete for Direct Materials Assembly Department Units Complete for Conversion 30% Beginning work in process inventory Units started this period 70% Units completed and transferred out Ending work in process inventory 85% 35% Cost of beginning work in process Direct materials $ 1,484 Conversion 804 $ 2,288 Costs added this month Direct materials 12,936 Conversion 16,926 29,862 QS 16-11 (Algo) Weighted average: Cost per EUP LO P1 Calculate the Assembly department's cost per equivalent unit of production for materials and for conversion for November. Use the weighted average method. QS 16-12 (Algo) Weighted average: Assigning costs to output LO P1 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. (Do not round intermediate calculations.) CARLBERG COMPANY Cost assignment-Weighted average EUP Cost per EUP Total Cost Completed and transferred out Direct materials Conversion S Ending work in process Direct materials Conversion Total costs accounted for $ 3,000 12,200 10,000 5,200 0 0 0
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