Check my workCheck My Work button is now enabled Item 2 Required information Required information Use the following information for the Quick Study below. Skip to question [The following information...

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Check my workCheck My Work button is now enabled Item 2 Required information Required information Use the following information for the Quick Study below. Skip to question [The following information applies to the questions displayed below.]   Carlberg Company has two manufacturing departments, assembly and painting. The assembly department started 11,100 units during November. The following production activity unit and cost information refers to the assembly department’s November production activities.   Assembly Department Units Percent of Direct Materials Percent of Conversion Beginning work in process   3,000     60 %   40 % Units transferred out   10,000     100 %   100 % Ending work in process   4,100     90 %   40 %           Beginning work in process inventory—Assembly dept $ 1,823 (consists of $1,511 for direct materials and $312 for conversion) Costs added during the month:       Direct materials $ 19,024   Conversion $ 22,968   QS 16-10 Weighted average: Equivalent units of production LO C2 Required: Calculate the assembly department’s equivalent units of production for materials and for conversion for November. Use the weighted-average method.   · Materials · Conversion Calculate the assembly department’s equivalent units of production for materials for November. Use the weighted-average method. Equivalent units of production (EUP) - weighted average method Units % Materials EUP Total Required information Use the following information for the Quick Study below. Skip to question [The following information applies to the questions displayed below.]   Carlberg Company has two manufacturing departments, assembly and painting. The assembly department started 11,100 units during November. The following production activity unit and cost information refers to the assembly department’s November production activities.   Assembly Department Units Percent of Direct Materials Percent of Conversion Beginning work in process   3,000     60 %   40 % Units transferred out   10,000     100 %   100 % Ending work in process   4,100     90 %   40 %           Beginning work in process inventory—Assembly dept $ 1,823 (consists of $1,511 for direct materials and $312 for conversion) Costs added during the month:       Direct materials $ 19,024   Conversion $ 22,968   QS 16-11 Weighted average: Cost per EUP LO C2 Required: 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 Choose Numerator Choose Denominator / Cost per equivalent unit of production Direct Materials / Conversion / Use the following information for the Quick Study below. Skip to question [The following information applies to the questions displayed below.]   Carlberg Company has two manufacturing departments, assembly and painting. The assembly department started 11,100 units during November. The following production activity unit and cost information refers to the assembly department’s November production activities.   Assembly Department Units Percent of Direct Materials Percent of Conversion Beginning work in process   3,000     60 %   40 % Units transferred out   10,000     100 %   100 % Ending work in process   4,100     90 %   40 %           Beginning work in process inventory—Assembly dept $ 1,823 (consists of $1,511 for direct materials and $312 for conversion) Costs added during the month:       Direct materials $ 19,024   Conversion $ 22,968   QS 16-12 Weighted average: Assigning costs to output LO C3 Required: 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.)   fCARLBERG COMPANY Weighted-average method Costs of units transferred out Direct materials Conversion Total costs transferred out Costs of ending work in process Direct materials Conversion Total costs of ending work in process Total costs assigned Required information Use the following information for the Quick Study below. Skip to question [The following information applies to the questions displayed below.]   Carlberg Company has two manufacturing departments, assembly and painting. The assembly department started 11,100 units during November. The following production activity unit and cost information refers to the assembly department’s November production activities.   Assembly Department Units Percent of Direct Materials Percent of Conversion Beginning work in process   3,000     60 %   40 % Units transferred out   10,000     100 %   100 % Ending work in process   4,100     90 %   40 %           Beginning work in process inventory—Assembly dept $ 1,823 (consists of $1,511 for direct materials and $312 for conversion) Costs added during the month:       Direct materials $ 19,024   Conversion $ 22,968   QS 16-13 Weighted average: Journal entry to transfer costs LO P4 Required: Prepare the November 30 journal entry to record the transfer of costs from the assembly department to the painting department. Use the weighted-average method.   Journal entry worksheet · Record the transfer of costs from the assembly department to the painting department (weighted-average method.) Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Check my workCheck My Work button is now enabled Item 6 Exercise 16-16 Weighted average: Process cost summary LO C3 Elliott Company produces large quantities of a standardized product. The following information is available for the first process in its production activities for March.             Units     Costs             Beginning work in process inventory 3,500   Beginning work in process inventory             Started 35,000   Direct materials $ 3,815         Ending work in process inventory 7,000   Conversion   11,592                       $ 15,407   Status of ending work in process inventory     Direct materials added         299,180   Materials—Percent complete 100 % Direct labor added         259,280   Conversion—Percent complete 40 % Overhead applied (140% of direct labor)         362,992         Total costs to account for       $ 936,859         Ending work in process inventory       $ 106,834     Prepare a process cost summary report for this process using the weighted-average method. (Round "Cost per EUP" to 2 decimal places.)   Total Costs to Account for: Total costs to account for: Total costs accounted for Difference due to rounding cost/unit Unit Reconciliation: Units to account for: Total units to account for Total units accounted for: Total units accounted for Equivalent Units of Production (EUP)- Weighted Average Method Units % Materials EUP- Materials % Conversion EUP-Conversion Total units Cost per Equivalent Unit of Production Materials Conversion Total costs Costs Costs ÷ Equivalent units of production EUP EUP Cost per equivalent unit of production (rounded to 2 decimals) Total Costs Accounted for: Cost of units transferred out: EUP Cost per EUP Total cost Direct materials Conversion Total costs transferred out Costs of ending work in process EUP Cost per EUP Total cost Direct materials Conversion Total cost of ending work in process Total costs accounted for
Jan 31, 2021
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