! Required information [The following information applies to the questions displayed below.] Carlberg Company has two ma

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! Required information [The following information applies to the questions displayed below.] Carlberg Company has two ma

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Required Information The Following Information Applies To The Questions Displayed Below Carlberg Company Has Two Ma 1
Required Information The Following Information Applies To The Questions Displayed Below Carlberg Company Has Two Ma 1 (147.15 KiB) Viewed 12 times
! Required information [The following information applies to the questions displayed below.] Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 10,500 units during November. The following production activity in both units and costs refers to the Assembly department's November activities. Assembly Department Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Cost of beginning work in process Direct materials Conversion Costs added this month Direct materials Conversion View transaction list Journal entry worksheet < 1 Percent Complete Percent for Complete Direct for Materials Conversion 40% Units 2,500 60% 10,500 9,500 3,500 Date November 30 $ 1,427 Prepare the November 30 journal entry to record the transfer of costs from the Assembly department to the Painting department. Use the weighted average method. Record entry Note: Enter debits before credits. General Journal Work in process inventory-Painting Work in process inventory- Assembly 90% 510 $ 1,937 12,488 15,840 28, 328 Record the transfer of costs from the Assembly department to the Painting department (weighted average method.) 40% Debit Credit 33,250 View general journal
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