The Carlberg Company has two manufacturing, assembly and painting departments. The assembly department started 12,400 units during
Question:
The Carlberg Company has two manufacturing, assembly and painting departments. The assembly department started 12,400 units during November. The following information on costs and units of production activity refers to the November production activities of the assembly department.
Assembly Department | Units | Percentage of Direct Materials added | Added Conversion Percent | ||||||
Starting work in process | 3,000 | 60 | % | 40 | % | ||||
transferred units | 10,000 | 100 | % | 100 | % | ||||
Finishing work in progress | 5,400 | 80 | % | 30 | % | ||||
Starting work in process inventory: assembly department | ps | 3,027 (includes $1,448 for direct materials) and $1,579 for conversion) | |
Added costs during the month: | |||
Direct materials | ps | 20,032 | |
Conversion | ps | 18,756 | |
Calculate the assembly department's cost per equivalent unit of production for materials and conversion for November. Use the weighted average method.
No | Transaction | General diary | Debit | Credit |
1 | 1 | Work-in-Process Inventory—Painting | ||
1 | Work-in-Process Inventory—Assembly |
|
1.
Calculate the equivalent units of production for the forming department.
|
2.
Calculate the costs per equivalent unit of production for the forming department.
Direct materials by EUP
EUP Conversion
3.
Using the weighted average method, allocate costs to the production of the training department, specifically, its units transferred to paint and its ending work-in-process inventory.
Allocation and reconciliation of costs | ||||
Cost of units transferred | EUP | cost per EUP | Total cost | |
Direct materials | ||||
Conversion | ||||
Total costs transferred | ||||
Costs of finishing work in progress | EUP | cost per EUP | Total cost | |
Direct materials | $0.00 | 0.00 | ||
Conversion | $0.00 | 0.00 | ||
Total cost of completing work in process | ||||
Total assigned costs |
Fundamental Accounting Principles
ISBN: 978-0077862275
22nd edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta