Required information [The following information applies to the questions displayed below.] Carlberg Company has two manu
Posted: Sun Jul 03, 2022 1:22 pm
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 Direct Materials Conversion Units 2,500 10,500 9,500 3,500 Numerator: Percent Complete for Percent Direct Materials 60% $ 1,427 510 1 / 1 12,488 15,840 90% Complete for Conversion 40% $ 1,937 Calculate the Assembly department's cost per equivalent unit of production for materials and for conversion for November. Use the FIFO method. 28,328 Cost per equivalent unit of production-FIFO Denominator: 40% Cost per equivalent unit of production
Required information [The following information applies to the questions displayed below.] Carlberg