FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 12,400
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
Completed and transferred out
Direct materials
Conversion
Ending work in process
Direct materials
Conversion
Total costs accounted for
Units
3,000
12,400
10,000
5,400
10,000
5,400
Percent
Complete for
Direct
Materials
60%
$ 1,448
1,579
20,032
18,756
CARLBERG COMPANY
Cost assignment-Weighted average
EUP
Cost per EUP
80%
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
Note: Do not round Intermediate calculations.
Percent
Complete for
Conversion
40%
$3,027
38,788
30%
Total Cost
$
$
0
4
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Transcribed Image Text:Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 12,400 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 Completed and transferred out Direct materials Conversion Ending work in process Direct materials Conversion Total costs accounted for Units 3,000 12,400 10,000 5,400 10,000 5,400 Percent Complete for Direct Materials 60% $ 1,448 1,579 20,032 18,756 CARLBERG COMPANY Cost assignment-Weighted average EUP Cost per EUP 80% 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 Note: Do not round Intermediate calculations. Percent Complete for Conversion 40% $3,027 38,788 30% Total Cost $ $ 0 4
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