[The following information applies to the questions displayed below.] Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 10,400 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 Total Units Materials Conversion 2,500 10,400 9,500 3,400 Percent Complete for Percent Direct Materials 60% Units $ 1,161 1,031 17,424 20,349 QS 16-10 (Algo) Weighted average: Equivalent units of production LO P1 Complete this question by entering your answers in the tabs below. Percent Complete 85% Required: Calculate the Assembly department's equivalent units of production for materials and for conversion for November. Use the weighted average method. Equivalent units of production: Weighted average method Direct Materials Complete for Conversion 40% $ 2,192 37,773 Calculate the Assembly department's equivalent units of production for materials for November. Use the weighted average method. EUP 35%
[The following information applies to the questions displayed below.] Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 10,400 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 Total Units Materials Conversion 2,500 10,400 9,500 3,400 Percent Complete for Percent Direct Materials 60% Units $ 1,161 1,031 17,424 20,349 QS 16-10 (Algo) Weighted average: Equivalent units of production LO P1 Complete this question by entering your answers in the tabs below. Percent Complete 85% Required: Calculate the Assembly department's equivalent units of production for materials and for conversion for November. Use the weighted average method. Equivalent units of production: Weighted average method Direct Materials Complete for Conversion 40% $ 2,192 37,773 Calculate the Assembly department's equivalent units of production for materials for November. Use the weighted average method. EUP 35%
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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Part 1 of 2
[The following information applies to the questions displayed below.]
Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 10,400
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
Total
Materials
Units
2,500
10,400
9,500
3,400
Conversion
Percent
Complete for
Percent
Direct Complete for
Materials.
60%
Units
$1,161
1,031
17,424
20,349
QS 16-10 (Algo) Weighted average: Equivalent units of production LO P1
Complete this question by entering your answers in the tabs below.
Percent
Complete
Required:
Calculate the Assembly department's equivalent units of production for materials and for conversion for November. Use the weighted
average method.
85%
Equivalent units of production: Weighted average method
Direct Materials
$ 2,192
37,773
Calculate the Assembly department's equivalent units of production for materials for November. Use the weighted average
method.
EUP
Conversion
40%
35%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb76579ad-faff-4bf7-92eb-956a324b8de5%2Fdaca9e5d-bdc9-482d-af60-a6a4cfc68353%2Foa38hgj_processed.png&w=3840&q=75)
Transcribed Image Text:2
Part 1 of 2
[The following information applies to the questions displayed below.]
Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 10,400
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
Total
Materials
Units
2,500
10,400
9,500
3,400
Conversion
Percent
Complete for
Percent
Direct Complete for
Materials.
60%
Units
$1,161
1,031
17,424
20,349
QS 16-10 (Algo) Weighted average: Equivalent units of production LO P1
Complete this question by entering your answers in the tabs below.
Percent
Complete
Required:
Calculate the Assembly department's equivalent units of production for materials and for conversion for November. Use the weighted
average method.
85%
Equivalent units of production: Weighted average method
Direct Materials
$ 2,192
37,773
Calculate the Assembly department's equivalent units of production for materials for November. Use the weighted average
method.
EUP
Conversion
40%
35%
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