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
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
Chapter1: Financial Statements And Business Decisions
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