i 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 Beginning work in process inventory Units started this period 2,400 Direct Materials 75% Percent Complete for Percent Complete for Conversion 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 For the Assembly department: (a) Compute the number of units started and completed this period. (b) Compute the equivalent units of production for materials and for conversion for November. Use the FIFO method. Complete this question by entering your answers in the tabs below. Required A Required B Materials Required B Conversion Compute the number of units started and completed this period. Units started and completed
i 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 Beginning work in process inventory Units started this period 2,400 Direct Materials 75% Percent Complete for Percent Complete for Conversion 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 For the Assembly department: (a) Compute the number of units started and completed this period. (b) Compute the equivalent units of production for materials and for conversion for November. Use the FIFO method. Complete this question by entering your answers in the tabs below. Required A Required B Materials Required B Conversion Compute the number of units started and completed this period. Units started and completed
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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![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
For the Assembly department:
(a) Compute the number of units started and completed this period.
(b) Compute the equivalent units of production for materials and for conversion for November. Use the FIFO method.
Complete this question by entering your answers in the tabs below.
Required A
Required B
Materials
Required B
Conversion
Compute the number of units started and completed this period.
Units started and completed](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F695b0c6d-9941-4bfe-b2bd-195fed543168%2Fa8181d6b-30b9-4c76-8f82-ca0284d904e4%2Fyzmeuei_processed.png&w=3840&q=75)
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 10,800
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
For the Assembly department:
(a) Compute the number of units started and completed this period.
(b) Compute the equivalent units of production for materials and for conversion for November. Use the FIFO method.
Complete this question by entering your answers in the tabs below.
Required A
Required B
Materials
Required B
Conversion
Compute the number of units started and completed this period.
Units started and completed
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