Question: Liglectronics makes me comes in the processembly programming and packaging Direct mare added at the beginning of the brand very got the The Aserty Department



Liglectronics makes me comes in the processembly programming and packaging Direct mare added at the beginning of the brand very got the The Aserty Department had no Won-Procesory on October 31 i More Info In mid-November, Liz Electronics started production on 95,000 game consoles. Of this number, 68,000 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 30% of the way through the assembly process. Direct materials costing $280,250 were placed in production in Assembly during November, direct labor of $152,712 was assigned, and manufacturing overhead of $69,500 was allocated to that department. X 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. Liz Electronics Production Cost Report-Assembly Department Month Ended November 30 Equivalent Units Physical Direct Conversion UNITS Units Materials Costs Units to account for: Beginning work-in-process Started in production 95000 95000 Total units to account for Units accounted for: Completed and transferred out Ending work-in-process 68000 27000 Total units accounted for 95000 Conversion Total Direct Materials COSTS Costs Costs Costs to account for: Beginning work-in-process Total costs to account for Cost per equivalent unit Costs accounted for: Total costs accounted for Requirement 2. Prepare a T-account for Work-in-Process inventory-Assembly to show its activity during November Work-in-Process Inventory-Assembly Bal. Oct. 31 0
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