15. Ashley Electronics makes game consoles in three processes: assembly, programming, and packaging. Direct materials are...

  

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15. Ashley 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. (Click the icon to view additional information.) Read the requirements?. Requirement 1. Prepare a production cost report for the Assembly Department for November. The company uses the weighted-average method. (Complete all input fields. Enter a "0" for any zero balances. Round all cost per unit amounts to the nearest cent and all other amounts to the nearest whole dollar. Abbreviation used: EUP = equivalent units of production.) Ashley Electronics Production Cost Report-Assembly Department Month Ended November 30 Equivalent Units Physical Direct Conversion UNITS Units Materials Costs Units to account for: (1) (2) Total units to account for Units accounted for: (3) (4) Total units accounted for Direct Conversion Total Materials Costs Costs COSTS Costs to account for: (5) (6) Total costs to account for (7) Cost per equivalent unit Costs accounted for: (8) (9) Total costs accounted for 1/31/2021, 11:56 AM Requirement 2. Prepare a T-account for Work-in-Process inventory-Assembly to show its activity during November, including the November 30 balance. Work-in-Process Inventory-Assembly Bal. Oct. 31 (10) (11) (12) (14) (13) (15) (16) (17) (18) 1: More Info In mid-November, Ashley Electronics started production on 120,000 game consoles. Of this number, 74,000 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 40% of the way through the assembly process. Direct materials costing $445,200 were placed in production in Assembly during November, direct labor of $109,300 was assigned, and manufacturing overhead of $132,788 was allocated to that department. 2: Requirements. 1. Prepare a production cost report for the Assembly Department for November. The company uses the weighted-average method. 2. Prepare a T-account for Work-in-Process Inventory-Assembly to show its activity during November, including the November 30 balance. O Started in production 15. Ashley 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. (Click the icon to view additional information.) Read the requirements?. Requirement 1. Prepare a production cost report for the Assembly Department for November. The company uses the weighted-average method. (Complete all input fields. Enter a "0" for any zero balances. Round all cost per unit amounts to the nearest cent and all other amounts to the nearest whole dollar. Abbreviation used: EUP = equivalent units of production.) Ashley Electronics Production Cost Report-Assembly Department Month Ended November 30 Equivalent Units Physical Direct Conversion UNITS Units Materials Costs Units to account for: (1) (2) Total units to account for Units accounted for: (3) (4) Total units accounted for Direct Conversion Total Materials Costs Costs COSTS Costs to account for: (5) (6) Total costs to account for (7) Cost per equivalent unit Costs accounted for: (8) (9) Total costs accounted for 1/31/2021, 11:56 AM Requirement 2. Prepare a T-account for Work-in-Process inventory-Assembly to show its activity during November, including the November 30 balance. Work-in-Process Inventory-Assembly Bal. Oct. 31 (10) (11) (12) (14) (13) (15) (16) (17) (18) 1: More Info In mid-November, Ashley Electronics started production on 120,000 game consoles. Of this number, 74,000 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 40% of the way through the assembly process. Direct materials costing $445,200 were placed in production in Assembly during November, direct labor of $109,300 was assigned, and manufacturing overhead of $132,788 was allocated to that department. 2: Requirements. 1. Prepare a production cost report for the Assembly Department for November. The company uses the weighted-average method. 2. Prepare a T-account for Work-in-Process Inventory-Assembly to show its activity during November, including the November 30 balance. O Started in production