FINANCIAL ACCOUNTING
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ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Transcribed Image Text:Equivalent Units of Production
Data for the two departments of Kimble & Pierce Company for June of the current fiscal year are as follows:
Winding Department
3,300 units, 60% completed
Work in process, June 1
Completed and transferred to next
processing department during June
Work in process, June 30
6,100 units, 70% completed
Production begins in the Drawing Department and finishes in the Winding Department.
Inventory in process, June 1
Started and completed in June
Transferred to Winding Department in June
Inventory in process, June 30
Drawing Department
8,000 units, 55% completed
Total
109,600 units
a. If all direct materials are placed in process at the beginning of production, determine the direct materials and conversion equivalent units of production for June for the Drawing Department. If an amount is zero, enter in "0".
Drawing Department
Direct Materials and Conversion Equivalent Units of Production
For June
Inventory in process, June 1
Started and completed in June
Transferred to finished goods in June
Inventory in process, June 30
Total
Whole Units
108,400 units
4,500 units, 30% completed
Whole Units
b. If all direct materials are placed in process at the beginning of production, determine the direct materials and conversion equivalent units of production for June for the Winding Department. If an amount is zero, enter in "0".
Winding Department
Direct Materials and Conversion Equivalent Units of Production
For June
Direct Materials Conversion
Equivalent Units Equivalent Units
Direct Materials Conversion
Equivalent Units Equivalent Units
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