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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 (116.17 KiB) Viewed 10 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 10,000 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 2,000 10,000 Date November 30 9,000 3,000 General Journal Percent Complete for Percent 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. Materials 60% Direct Complete for Conversion 40% $996 80% 585 $1,581 Record the transfer of costs from the Assembly department to the Painting department (weighted average method.) 10,404 12,285 22,689 30% Debit Credit