Page 1 of 1

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 (131.23 KiB) Viewed 11 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 Direct Materials Conversion Units 2,000 10,000 9,000 3,000 Numerator: Percent Complete for Percent 1 Materials 60% Direct Complete for Conversion 40% 1 1 $ 996 585 10,404 12,285 80% Calculate the Assembly department's cost per equivalent unit of production for materials and for conversion for November. Use the FIFO method. $ 1,581 22,689 Cost per equivalent unit of production-FIFO Denominator: 30% Cost per equivalent unit of production