Question

One question with three parts:

Required information [The following information applies to the questions displayed below.) Carlberg Company has two manufacturing departments, assembly and painting. The assembly department started 10,800 units during November. The following production activity unit and cost information refers to the assembly department's November production activities. Assembly Department Beginning work in process Units transferred out Ending work in process Units 2,400 9,400 3,800 Percent of Direct Materials 75% 100% 95% Percent of Conversion 25% 100% 35% $2,966 (consists of $2,479 for direct materials and $487 for conversion) Beginning work in process inventory-Assembly dept Costs added during the month: Direct materials Conversion $ 23,541 $ 26,338

Answer 1

Weighted Average Method -The Weighted Average process costing method calculates the cost per equivalent unit of all work done to date(regardless of the accounting period in which it was done) and assign this cost to equivalent units completed and transferred out of the process and to equivalent units in ending Work in process inventory.

Particulars	Physical	Percent Complete
	Units	material	Conversion
Work in Process, Begining	2400	75%	25%
Started into production	10800
Completed and transferred Out	9400	100%	100%
Work in Process, Ending	3800	95%	35%

Calculation of the assembly department’s equivalent units of production for materials of November -

Equivalent unit of production (EUP) - Weighted Average Method
	Units	%Material	EUP
Units accounted for
Units Completed & transferred out of current period (9400*100%)	9400	100%	9400
WIP, Ending equivalent units ( Physical unit*concerned department completion %) (3800*95%)	3800	95%	3610
Total	13200		13010

Calculation of the assembly department’s cost per equivalent unit of production for conversion for November-

Equivalent unit of production (EUP) - Weighted Average Method
	Units	%Conversion	EUP
Units accounted for
Units Completed & transferred out of current period (9400*100%)	9400	100%	9400
WIP, Ending equivalent units ( Physical unit*concerned department completion %) (3800*95%)	3800	35%	1330
Total	13200		10730

Calculation of the assembly department’s cost per equivalent unit of production for materials and for conversion for November-

Cost per equivlaent unit of production
	Choose Numerator		Choose Denominator
		/		Cost per equivalent unit of production
Direct materials	23541	/	13010	1.81
Conversion	26338	/	10730	2.45

Assign Cost to the Assembly department output -

Carlberg Company
Weighted Average Method
Cost of units transferred out
Direct Materials (9400*1.81)	17008.87
Conversion (9400*2.45)	23073.36
Total Costs trasnferred out		40082.23
Costs of Ending Work in progress
Direct Materials (3610*1.81)	6532.13
Conversion (1330*2.45)	3264.64
Total Cost of Ending Work in progress		9796.77
Total Cost assigned		49879.00

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