Question

The Carlberg Company has two manufacturing departments, assembly and painting. The assembly department started 10.900 units during November. The following production activity unit and cost information refers to the assembly department's November production activities. Percent of Direct Materials Added Percent of Conversion Assembly Department Beginning WOER PROCESS Unita transferred out Ending work in process Unis 2,500 9,500 3, 900 1001 100 305 Beginning WORK in process Inventor Assembly dept Cost added during the month Direct material $1,477 (includes $944 for direct materials and $533 for conversion) Required: Prepare the November 30 journal entry to record the transfer of units (and costs) from the assembly department to the painting department. Use the weighted average method View transaction let Journal entry worksheet Record the transfer of units from the assembly department to the painting department (weighted average method.) Note Enter det before credite General Journal Debit Credit Record entry C entry Vw general

Answer 1

Journal Entry
Particulars			Debit	Credit
Work in Process - Painting Dept			$ 23,750.00
To Work in Process - Assembly Dept				$ 23,750.00

Workings:

1)	Equivalent Units of Production (EUP) - Weighted Average Method
					Units	% Mat.	EUP- Mat.	% Conv.	EUP- Conv.
	Units completed and transferred out				9500	100%	9500	100%	9500
	Units in ending inventory				3900	80%	3120	30%	1170
	Equivalent units of production						12620		10670

2)	Cost per Equivalent Unit of Production
						Materials		Conversion
	Beginning costs					$            944.00		$        533.00
	During the month costs					$      11,676.00		$   15,472.00
	Total cost				Costs	$      12,620.00	Costs	$   16,005.00
	÷	Equivalent units of production			EUP	12620	EUP	10670
	Cost per equivalent unit of production					$                1.00		$             1.50

3)	Cost Assignment and Reconciliation
	Cost of units transferred out				EUP	Cost/ EUP	Total Cost
	Direct Materials				9500	$      1.00	$         9,500.00
	Conversion				9500	$      1.50	$      14,250.00
	Total costs of units transferred out					(a)	$      23,750.00
	Cost of ending work in process				EUP	Cost/ EUP	Total Cost
	Direct Materials				3120	$      1.00	$         3,120.00
	Conversion				1170	$      1.50	$         1,755.00
	Total cost of ending work in process					(b)	$         4,875.00
	Total costs accounted for					(a+b)	$      28,625.00