Dee Electronics makes game consoles in three processes: assembly, programming, and packaging. Direct materials are added at the beginning of the assembly process. Conversion costs are incurred evenly throughout the process. The Assembly Department had no Work-in-Process Inventory on October 31. A (Click the icon to view additional information.) Read the requirements. ww wwwww Direct Conversion Total COSTS Materials Costs Costs Costs to account for: More Info Beginning work-in-process %24 Costs added during the period 2$ 399,000 $ 269,280 $ 668,280 Total costs to account for 2$ 399.000 $ 269,280 $ 668,280 In mid-November, Dee Electronics started production on 100,000 game consoles. Of this number, 90,000 game consoles were assembled during November and transferred out to the Programming Department. The November 30 Work-in-Process Inventory in the Assembly Department was 35% of the way through the assembly process. Direct materials costing $399,000 were placed in production in Assembly during November, direct labor of $139,000 was assigned, and manufacturing overhead of $130,280 was allocated to that department. Divided by: Total EUP 100,000 93,500 3.99 $ 2.88 Cost per equivalent unit Costs accounted for: Print Done Total costs accounted for

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question 5, Part 3. Please answer in the same format as question

Dee Electronics makes game consoles in three processes: assembly, programming, and packaging. Direct materials are added at the beginning of the assembly process. Conversion costs are incurred evenly throughout the process. The
Assembly Department had no Work-in-Process Inventory on October 31.
1 (Click the icon to view additional information.)
Read the requirements.
Direct
Conversion
Total
COSTS
Materials
Costs
Costs
Costs to account for:
Beginning work-in-process
O $
O $
i More Info
$
Costs added during the period
$
399,000 $
269,280 $
668,280
Total costs to account for
2$
399,000 $
269,280 $
668,280
In mid-November, Dee Electronics started production on 100,000 game consoles.
Of this number, 90,000 game consoles were assembled during November and
transferred out to the Programming Department. The November 30
Work-in-Process Inventory in the Assembly Department was 35% of the way
through the assembly process. Direct materials costing $399,000 were placed in
production in Assembly during November, direct labor of $139,000 was assigned,
and manufacturing overhead of $130,280 was allocated to that department.
Divided by: Total EUP
100,000
93,500
$
3.99 $
2.88
Cost per equivalent unit
Costs accounted for:
Print
Done
Total costs accounted for
Transcribed Image Text:Dee Electronics makes game consoles in three processes: assembly, programming, and packaging. Direct materials are added at the beginning of the assembly process. Conversion costs are incurred evenly throughout the process. The Assembly Department had no Work-in-Process Inventory on October 31. 1 (Click the icon to view additional information.) Read the requirements. Direct Conversion Total COSTS Materials Costs Costs Costs to account for: Beginning work-in-process O $ O $ i More Info $ Costs added during the period $ 399,000 $ 269,280 $ 668,280 Total costs to account for 2$ 399,000 $ 269,280 $ 668,280 In mid-November, Dee Electronics started production on 100,000 game consoles. Of this number, 90,000 game consoles were assembled during November and transferred out to the Programming Department. The November 30 Work-in-Process Inventory in the Assembly Department was 35% of the way through the assembly process. Direct materials costing $399,000 were placed in production in Assembly during November, direct labor of $139,000 was assigned, and manufacturing overhead of $130,280 was allocated to that department. Divided by: Total EUP 100,000 93,500 $ 3.99 $ 2.88 Cost per equivalent unit Costs accounted for: Print Done Total costs accounted for
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