Question

Save Homework: Homework 3 Score: 0 of 1 pt 2 of 2 (1 complete) P20-29A (similar to) HW Score: 44.68%, 0.89 of 2 pts Question Help Sue Electronics makes DVD players in three processes: assembly, programming, and packaging. Direct materials are added at the beginning of the assembly process. Conversion costs are incurred evenly throughout the process. The Assembly Department had no Work-in-Process Inventory on October 31. In mid-November, Sue Electronics started production on 120,000 DVD players. Of this number, 74,000 DVD players were assembled during November and transferred out to the Programming Department. The November 30 Work-in-Process Inventory in the Assembly Department was 40% of the way through the assembly process. Direct materials costing $445,200 were placed in production in Assembly during November, direct labor of $109,300 was assigned and manufacturing overhead of $132,788 was allocated to that department. Read the requirements. 0 Requirements - Requirement 1 Enter a "0" for all whole dollar. Ab Inswer boxes. the nearest 1. Prepare a production cost report for the Assembly Department for November. 2. Prepare a T-account for Work-in-Process Inventory-Assembly to show its activity during November, including the November 30 balance. Print Done Choose from any list or enter any number in the input folds and then click Check Answer 3 parts Check Answer 5 Clear All remaining

Answer 1

1.

Units to account for		Transferred in	Direct Materials	Conversion
Beginning work in process	0
Started during the month	120000
Total units	120000
Units accounted for
Transferred out	74000	n/a	74000	74000
Ending WIP	46000	n/a	46000	18400
Total units accounted for	120000	n/a	120000	92400

COSTS	Transferred in	Direct Materials	Conversion	Total costs
Costs to account for	n/a
Beginning work in process	n/a	0	0	0
Costs added during the period	n/a	445200	242088	687288
Total costs to account for	n/a	445200	242088	687288
Divided by Total EUP	n/a	120000	92400
Cost per equivalent unit	n/a	3.71	2.62	6.33
Costs accounted for	n/a
Completed and transferred out	n/a	274540	193880	468420
Ending WIP	n/a	170660	48208	218868
Total costs accounted for	n/a	445200	242088	687288

2.

Work in Process a/c
Op Bal	0	Transferred out	468420
Direct Materials	445200
Direct Labor	109300
Manufacturing overheads	132788
Cl Bal	218868