[The following information applies to the questions displayed below.] The Carlbe

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[The following information applies to the questions displayed below.]

The Carlberg Company has two manufacturing departments, assembly and painting. The assembly department started 10,300 units during November. The following production activity unit and cost information refers to the assembly department’s November production activities.

rev: 04_18_2018_QC_CS-124631

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.

Assembly Department Units Percent of Direct
Materials Added Percent of
Conversion Beginning work in process 3,000 60 % 40 % Units transferred out 10,000 100 % 100 % Ending work in process 3,300 80 % 30 %

Explanation / Answer

Equivalent unit of material = 10000+(3300*80%) = 12640

Equivalent unit of conversion = 10000+(3300*30%) = 10990

Cost per equivalent unit of material = (896+13008)/12640 = 1.1

Cost per equivalent unit of conversion = (1800+14685)/10990 = 1.5

Journal entry :

Date account and explanation debit credit Work in process-Painting department (1.1+1.5)*10000 26000 Work in process-Assembly department 26000 (To record units transferred out)

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