Homework: Chapter 18 Homework Score: 0 of 1 t P18-35A (similar to) afomplate) HW
ID: 2411356 • Letter: H
Question
Homework: Chapter 18 Homework Score: 0 of 1 t P18-35A (similar to) afomplate) HW Score: (7%, Oot 5 pts ::uestion Help rng Carpct manufactures oadoom ca pe n se s processes: EER IClick the icon to view the data.) n ng eng p yng spooing t ng at: and shear n ne eng Department droc ma crals c ? are added at tic begin o o the preeze. on c ?on costs re na r ed even throu hout the process n ormatic or No cmber 2014 follows Caring Carpe Data Table Month Ended Nowember 30 Physca Transferred Direct Conversion UNITS UNITS Units to a i Requirements Hagnning Work-in-Pcss Inventory ramsfered in from SpinngDerIment during Novembe Completed during Nowembar 585 ruls 520 ro l 135 rol 1. Freparc the Nawmbar productien cest raport for Carings Dycing Department. The company uses the corversign wk hat hae aready bacn poted. Aszume lbor coats are accrued and not yet paid. COSTS S 11,000 $4,500materials cost, $1.500 onversion costs, 35000) ransfarned In frem Spinning Department PAHIHI?als col Hdded du'ing November Conversin costs added during November (mavfacturing 21,535 11,200 1,544 ol units ecuounted for avernead alocated, 343,194 Print DoncExplanation / Answer
Cost of Prduction report (weighted avg method) ProductionDepartment Equivalent Units Flow Of Units Physical Units Transferred In Direct Material Conversion Cost Units to be accounted for Beginning work in process inventory 50 Units started this period 585 Total u nits to be accounted for 635 Units accounnted for: Units completed (b) 500 500 500 500 Ending work in progress inventory c (100% material and 80% conversion) 135 135 135 108 Total units to be accounted for (f) 635 635 635 608 Flow of Cost Cost in the begnning work in progress inventory 11000 4500 1500 5000 Cost transferred in 21535 21535 cost added to process 62744 $11,200 $51,544 Total Cost to be accounted for (e) 95279 26035 12700 56544 Cost per equivalent unit (a) 154.00 41.00 20.00 93.00 Cost accounted for Cost assigned to units transferred out (a*b) 77000 20500 10000 46500 Cost in ending work in progress inventory (a*c) 18279 5535 2700 10044 Total Cost accounted for 95279 26035 12700 56544 ans 2 Accounts Title Dr Cr a Work In Process-Dying Department 21535 Work In Process-Spinning Departmnt 21535 b Work In Process-Dying Department $11,200 Raw Material Inventory $11,200 c Work In Process-Dying Department $8,350 wages payable $8,350 d Work In Process-Dying Department 43194 Manufacturing overhead 43194 e Finished goods inventory 77000 Work In Process-Dying Department 77000 If any doubt please comment
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.