Carla Carpet manufactures broadloom carpet in seven processes: spinning, dyeing, plying, spooling, tufting, latexing and shearing. In the Dyeing Department, direct materials (dye) are added at the beginning of the process. Conversion costs a incurred evenly throughout the process. Information for November 2018 follows: E E (Click the icon to view the data.) Read the requirements. Requirement 1. Prepare the November production cost report for Carla's Dyeing Department. The company uses the weighted-average method. (Round all cost per unit amounts to the nearest cent and all other amounts to the nearest whole dollar. Abbreviation used: EUP = equivalent units of production.) Carla Carpet O Data Table Production Cost Report - Dyeing Department Month Ended November 30 Equivalent Units UNITS Physical Transferred Direct Conversion Beginning Work-in-Process Inventory 70 rolls UNITS Units In Materials Costs Transferred in from Spinning Department during November 550 rolls Units to account for: Completed during November 480 rolls s Ending Work-in-Process (80% complete for conversion work) 140 rolls COSTS Beginning Work-in-Process Inventory (transferred in costs, $4,000; materials cost, $1,400; conversion costs, $5,300) Total units to account for 10,700 Transferred in from Spinning Department 23,280 Choose from any list or enter any number in the input fields and then click Check Answer. Materials cost added during November 14,100 Conversion costs added during November (manufacturing wages, 1a. 001) 62 716
Carla Carpet manufactures broadloom carpet in seven processes: spinning, dyeing, plying, spooling, tufting, latexing and shearing. In the Dyeing Department, direct materials (dye) are added at the beginning of the process. Conversion costs a incurred evenly throughout the process. Information for November 2018 follows: E E (Click the icon to view the data.) Read the requirements. Requirement 1. Prepare the November production cost report for Carla's Dyeing Department. The company uses the weighted-average method. (Round all cost per unit amounts to the nearest cent and all other amounts to the nearest whole dollar. Abbreviation used: EUP = equivalent units of production.) Carla Carpet O Data Table Production Cost Report - Dyeing Department Month Ended November 30 Equivalent Units UNITS Physical Transferred Direct Conversion Beginning Work-in-Process Inventory 70 rolls UNITS Units In Materials Costs Transferred in from Spinning Department during November 550 rolls Units to account for: Completed during November 480 rolls s Ending Work-in-Process (80% complete for conversion work) 140 rolls COSTS Beginning Work-in-Process Inventory (transferred in costs, $4,000; materials cost, $1,400; conversion costs, $5,300) Total units to account for 10,700 Transferred in from Spinning Department 23,280 Choose from any list or enter any number in the input fields and then click Check Answer. Materials cost added during November 14,100 Conversion costs added during November (manufacturing wages, 1a. 001) 62 716
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter6: Process Costing
Section: Chapter Questions
Problem 9CE: Jackson Products produces a barbeque sauce using three departments: Cooking, Mixing, and Bottling....
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