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 12,300
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
3,200
75%
Percent
Complete for
Direct
Materials
Percent
Complete for
Conversion
25%
12,300
Units completed and transferred out
10,200
Ending work in process inventory
5,300
90%
40%
Cost of beginning work in process
Direct materials
$ 1,143
624
$ 1,767
Conversion
Costs added this month
Direct materials
Conversion
13,827
17,856
31,683
Calculate the Assembly department's cost per equivalent unit of production for materials and for conversion for November. Use the
FIFO method.
Direct Materials
Conversion
Cost per equivalent unit of production-FIFO
Numerator:
Denominator:
Cost per equivalent unit of production
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Transcribed Image Text:5 ! Required information [The following information applies to the questions displayed below.] Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 12,300 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 3,200 75% Percent Complete for Direct Materials Percent Complete for Conversion 25% 12,300 Units completed and transferred out 10,200 Ending work in process inventory 5,300 90% 40% Cost of beginning work in process Direct materials $ 1,143 624 $ 1,767 Conversion Costs added this month Direct materials Conversion 13,827 17,856 31,683 Calculate the Assembly department's cost per equivalent unit of production for materials and for conversion for November. Use the FIFO method. Direct Materials Conversion Cost per equivalent unit of production-FIFO Numerator: Denominator: Cost per equivalent unit of production < Prev 3 4 5 of 5 Next >
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