Question

Required information [The following information applies to the questions displayed below! The Carlberg Company has two manufacturing departments, assembly and painting. The assembly department started 10,000 units during November. The following production activity unit and cost information refers to the assembly department's November production activities. Percent of Conversion Percent of Direct Materials Added ses Units 2,000 9.000 3,000 Assembly Department Beginning work in process Units transferred out Ending work in process 188 100% sex sek 51,581 (includes $996 for direct materials and $585 for conversion) Beginning work in process Inventory-Assembly dept Costs added during the month: Direct materials Conversion $ 10,404 $ 12.285

Answer 1

• Requirement: Journal Entry

	Accounts title	Debit	Credit
[1]	Work In Process Inventory – Painting	$          20,607.00
	Work In Process Inventory – Assembly		$               20,607.00

• Working for above amount

Cost Transferred out:	EUP	Cost per EUP	Total Cost
Cost of Beginning WIP			1,581.00
Cost to complete beginning WIP-
- Direct Materials	800.00	1.02	816.00
- Conversion	1,200.00	1.35	1,620.00
Total cost to complete beginning WIP			4,017.00
Cost of Units started & completed this period:	EUP	Cost per EUP	Total Cost
- Direct Materials	7,000.00	1.02	7,140.00
- Conversion	7,000.00	1.35	9,450.00
Total costs started & Completed this period			16,590.00
Total cost of work finished this period				20,607.00

EUP - FIFO Method	Units	% Material	EUP Materials	% Conversion	EUP - Conversion
Units of ENDING WIP	3,000	80.0%	2,400	30.0%	900
Units STARTED & COMPLETED	7,000	100%	7,000	100%	7,000
Units of beginning WIP	2,000	40.00%	800	60%	1,200
Equivalent Units of Production			10,200		9,100
COST per EUP			Material		Conversion
Cost incurred this period			$          10,404.00		$                    12,285.00
Total Costs		Costs	$          10,404.00	Costs	$                    12,285.00
Equivalent units of production		EUP	10,200	EUP	9,100
Cost per EUP			$             1.02000		$                          1.3500