Chapter 16: Q17QS (page 746)
Question: Refer to the information in QS 16-10. Prepare the November 30 journal entry to record the transfer of units (and costs) from the assembly department to the painting department. Use the FIFO method.
Work-in-process Inventory -Painting is debited with $20,607.
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For each of the following products and services, indicate whether it is more likely produced in a process operation (P) or a job order operation (J).
1. Beach toys
2. Concrete swimming pool
3. iPhones
4. Wedding reception
5. Custom suits
6. Juice
7. Tattoos
8. Guitar picks
You hire a new assistant production manager whose prior experience is with a company that produced goods to order. Your company engages in continuous production of homogeneous products that go through various production processes. Your new assistant e-mails you questioning some cost classifications on an internal report—specifically why the costs of some materials that do not actually become part of the finished product, including some labor costs not directly associated with producing the product, are classified as direct costs. Respond to this concern via memorandum.
Refer to the information in QS 16-10. Calculate the assembly department’s equivalent units of production for materials and for conversion for November. Use the FIFO method
Question: Refer to the information in QS 16-10. Calculate the assembly department’s cost per equivalent unit of production for materials and for conversion for November. Use the FIFO method.
Question: Samsung produces digital televisions with a multiple-process production line. Identify and list some of its production processing steps and departments.
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