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

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Required Information The Following Information Applies To The Questions Displayed Below Carlberg Company Has Two Manu 1 (126.29 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 Note: Enter debits before credits. Units Date November 30 2,500 10,500 9,500 3,500 General Journal Percent Complete for Percent Direct Complete for Conversion Materials. 60% 40% $ 1,427 510 12,488 15,840 Prepare the November 30 journal entry to record the transfer of costs from the Assembly department to the Painting department. Use the FIFO method. 90% Record the transfer of units from the Assembly department to the Painting department (FIFO method.) $ 1,937 28,328 Debit 40% Credit