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In: Accounting

Dee Electronics makes game consoles in threww processes: assembly, programing, and pakcaging.Direct materials are added at...

Dee Electronics makes game consoles in threww processes: assembly, programing, and pakcaging.Direct materials are added at teh beginning of the assembly process. Conversion cost are incurred evenly throughout the process. The assembly Department jad no Work-in-Process Incentory on October 31st. In min-november, Dee Electronics started producion on 100,000 game consoles. Of this number, 90,000 game consoles were assembled during November and transferred out to the Programming Department. The November 30 Work-in-Process Inventory in the Asswmbly Department was 35% of the way through the assembly process. Direct materials costing 399,000 were placed in production in Assembly during November, direct labor of 139,000 was assigned, and manufactuing overhead of 130,280 was allocated to that department.

Requirements

1. Prepare a production cost report for the Assembly Department for November. The company uses the weighted-average method.

2.Prepare a T-account for Work-in -Process Inventory-Assembly to show its activity during November, including the November 30 balance.

Solutions

Expert Solution

ekkarill92 answered 1 year ago
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