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

Posted: Wed Jul 06, 2022 6:25 am
by answerhappygod
Required Information The Following Information Applies To The Questions Displayed Below Carlberg Company Has Two Manu 1
Required Information The Following Information Applies To The Questions Displayed Below Carlberg Company Has Two Manu 1 (125.36 KiB) Viewed 14 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 10,400 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 10,400 9,500 3,400 General Journal Percent Complete for Percent Direct Materials 60% $ 1,161 1,031 Prepare the November 30 journal entry to record the transfer of costs from the Assembly department to the Painting department. Use the FIFO method. 17,424 20,349 85% Complete for Conversion 40% Record the transfer of units from the Assembly department to the Painting department (FIFO method.) $ 2,192 Debit 37,773 35% Credit >