Required information [The following information applies to the questions displayed below.] Carlberg Company has two manufacturing departments. Assembly and Painting. The Assembly department started 10,200 units during November. The following production activity in both units and costs refers to the Assembly department's November activities. Percent Complete for Assembly Department Units Direct Materials Percent Complete for Beginning work in process inventory 2,500 60% Conversion 40% Units started this period 10,200 Units completed and transferred out 9,500 Ending work in process inventory 3,200 85% 35% Cost of beginning work in process Direct materials Conversion Costs added this month Direct materials Conversion $ 964 1,519 $ 2,483 11,256 19,721 30,977 Assign costs to the Assembly department's output-specifically, the units transferred out to the Painting department and the units that remain in work in process in the Assembly department at month-end. Use the FIFO method. Note: Do not round intermediate calculations. Beginning work in process To complete beginning work in process Direct materials Conversion Started and completed Direct materials Conversion Completed and transferred out Ending work in process Direct materials Conversion Total costs accounted for CARLBERG COMPANY Cost assignment-FIFO EUP Cost per EUP Total Cost
Required information [The following information applies to the questions displayed below.] Carlberg Company has two manufacturing departments. Assembly and Painting. The Assembly department started 10,200 units during November. The following production activity in both units and costs refers to the Assembly department's November activities. Percent Complete for Assembly Department Units Direct Materials Percent Complete for Beginning work in process inventory 2,500 60% Conversion 40% Units started this period 10,200 Units completed and transferred out 9,500 Ending work in process inventory 3,200 85% 35% Cost of beginning work in process Direct materials Conversion Costs added this month Direct materials Conversion $ 964 1,519 $ 2,483 11,256 19,721 30,977 Assign costs to the Assembly department's output-specifically, the units transferred out to the Painting department and the units that remain in work in process in the Assembly department at month-end. Use the FIFO method. Note: Do not round intermediate calculations. Beginning work in process To complete beginning work in process Direct materials Conversion Started and completed Direct materials Conversion Completed and transferred out Ending work in process Direct materials Conversion Total costs accounted for CARLBERG COMPANY Cost assignment-FIFO EUP Cost per EUP Total Cost
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter6: Process Costing
Section: Chapter Questions
Problem 22E: Fordman Company has a product that passes through two processes: Grinding and Polishing. During...
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