
Concept explainers
Equivalent Units of Production
Data for the two departments of Kimble & Pierce Company for June of the current fiscal year are as follows:
Drawing Department | Winding Department | |
Work in process, June 1 | 5,300 units, 50% completed | 3,000 units, 90% completed |
Completed and transferred to next processing department during June |
72,600 units | 71,500 units |
Work in process, June 30 | 4,000 units, 70% completed | 4,100 units, 10% completed |
Production begins in the Drawing Department and finishes in the Winding Department.
Question Content Area
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".
Whole Units | Direct Materials Equivalent Units |
Conversion Equivalent Units |
|
Inventory in process, June 1 | fill in the blank cb7ec1f3cff4fc9_1 | fill in the blank cb7ec1f3cff4fc9_2 | fill in the blank cb7ec1f3cff4fc9_3 |
Started and completed in June | fill in the blank cb7ec1f3cff4fc9_4 | fill in the blank cb7ec1f3cff4fc9_5 | fill in the blank cb7ec1f3cff4fc9_6 |
Transferred to Winding Department in June | fill in the blank cb7ec1f3cff4fc9_7 | fill in the blank cb7ec1f3cff4fc9_8 | fill in the blank cb7ec1f3cff4fc9_9 |
Inventory in process, June 30 | fill in the blank cb7ec1f3cff4fc9_10 | fill in the blank cb7ec1f3cff4fc9_11 | fill in the blank cb7ec1f3cff4fc9_12 |
Total | fill in the blank cb7ec1f3cff4fc9_13 | fill in the blank cb7ec1f3cff4fc9_14 | fill in the blank cb7ec1f3cff4fc9_15 |
Question Content Area
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".
Whole Units | Direct Materials Equivalent Units |
Conversion Equivalent Units |
|
Inventory in process, June 1 | fill in the blank 37625604afa0fe7_1 | fill in the blank 37625604afa0fe7_2 | fill in the blank 37625604afa0fe7_3 |
Started and completed in June | fill in the blank 37625604afa0fe7_4 | fill in the blank 37625604afa0fe7_5 | fill in the blank 37625604afa0fe7_6 |
Transferred to finished goods in June | fill in the blank 37625604afa0fe7_7 | fill in the blank 37625604afa0fe7_8 | fill in the blank 37625604afa0fe7_9 |
Inventory in process, June 30 | fill in the blank 37625604afa0fe7_10 | fill in the blank 37625604afa0fe7_11 | fill in the blank 37625604afa0fe7_12 |
Total | fill in the blank 37625604afa0fe7_13 | fill in the blank 37625604afa0fe7_14 | fill in the blank 37625604afa0fe7_15 |

Trending nowThis is a popular solution!
Step by stepSolved in 3 steps with 4 images

- Units of production data for the two departments of Pacific Cable and Wire Company for November of the current fiscal year are as follows: Drawing Department Winding Department 5,700 units, 35% completed 1,700 units, 90% completed Work in process, November 1 Completed and transferred to next processing department during November Work in process, November 30 4,300 units, 60% completed 2,300 units, 20% completed 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 November for the Drawing Department. If an amount is zero, enter in "0". Drawing Department Direct Materials and Conversion Equivalent Units of Production For November Inventory in process, November 1 Started and completed in November Transferred to Winding Department in November Inventory in process, November 30 Total 78,100 units Inventory in process, November 1 Started and completed in November Transferred to finished…arrow_forwardThe information below was obtained from the records of the first processing department of California Corporation for the month of July. The company uses the weighted-average method in its process costing system. units percent completed: Labor and overhead work in process inventory, July 1 20,000 40% started during the month 70,000 completed during the month 80,000 Work in process inventory, July 31 ? 25% All materials are added at the beginning of the manufacturing process. The equivalment units for labor and overhead for the month is: 70,000 90,000 80,000 82,500arrow_forwardEquivalent units of materials cost The Rolling Department of Fortress Steel Company had 200 tons in beginning work in process inventory (60% complete) on July 1. During July, 3,900 tons were completed. The ending work in process inventory on July 31 was 300 tons (25% complete). What are the total equivalent units for direct materials for July if materials are added at the beginning of the process?arrow_forward
- Equivalent Units of Production Data for the two departments of Kimble & Pierce Company for June of the current fiscal year are as follows: Work in process, June 1 Completed and transferred to next processing department during June Work in process, June 30 Inventory in process, June 1 Started and completed in June Transferred to Winding Department in June Inventory in process, June 30 Total Drawing Department 6,600 units, 50% completed 5,000 units, 50% completed 2,600 units, 10% Broduction begins in the Drawing Department and finishes h the Winding Department. 90,400 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 onversion Equivalent Units of Production For June Inventory in process, June 1 Started and completed in June Transferred to finished goods in June…arrow_forwardNeed help with this Questionarrow_forward[The following information applies to the questions displayed below.] The first production department of Stone Incorporated reports the following for April. Direct Materials Conversion Units Beginning work in process inventory 71,000 Percent Complete 65% Percent Complete 35% Units started this period 377,000 Completed and transferred out 355,000 Ending work in process inventory 93,000 90% 40% Compute the number of equivalent units of production for both direct materials and conversion for April using the weighted average method. Completed and transferred out Ending work in process Total Equivalent units of production: Weighted average method Direct Materials Conversion Units Percent Complete EUP Percent Complete EUP 355,000 93,000 448,000arrow_forward
- At Greytown Company, materials are entered at the beginning of each process. Work in process inventories, with the percentage of work done on conversion, and production data for its Painting Department in selected months are as follows: Beginning Work In Process Ending Work In Process Percentage Units Completed Percentage Month Units Completed and Transferred Out Units Completed July -0- — 11,000 1,500 90% Sept. 2,500 20% 9,000 5,000 70% Instructions Compute the equivalent units of production for materials and conversion costs for September.arrow_forwardEquivalent Units of Production: Weighted average method Units of production data for the two departments of Atlantic Cable and Wire Company for July of the current fiscal year are as follows: Drawing Department Winding Department Work in process, July 1 1,450 units, 60% completed 450 units, 35% completed Completed and transferred to next processing department during July 22,850 units 22,600 units Work in process, July 31 1,100 units, 60% completed 700 units, 30% completed Each department uses the Weighted average method. For each department, assume that direct materials are placed in process during production. a. Determine the number of whole units to be accounted for and to be assigned costs and the equivalent units of production for the Drawing Department. Whole units fill in the blank 1 units Equivalent units of production fill in the blank 2 units b. Determine the number of whole units to be accounted for and to be assigned costs and the equivalent units…arrow_forwardi need the answer quicklyarrow_forward
- The following information summarizes the activities in the Mixing Department for the month of March. Beginning inventory 8,000 units, 80% complete Started and completed 196,000 units Ending inventory 24,000 units, 25% complete Material is added at the beginning of the process, and conversion costs are incurred evenly throughout the process. Calculate the equivalent units of production with respect to materials during the month of March using the weighted average method. Select one: a. 228,000 b. 212,000 c. 208,000 d. 244,000 e. 210,000arrow_forwardRSTN Company produces its product in two sequential processing departments. During October, the first process finished and transferred 295,000 units of its product to the second process. Of these units, 34,000 were in process at the beginning of the month and 261,000 were started and completed during the month. At month-end, 27,500 units were in process. Compute the number of equivalent units of production for direct materials for the first process for October under each of the following three separate assumptions using the FIFO method. 1 All direct mastarrow_forwardEquivalent Units of Production Data for the two departments of Kimble & Pierce Company for June of the current fiscal year are as follows: Winding Department Drawing Department 6,100 units, 30% completed 3,000 units, 90% completed Work in process, June 1 Completed and transferred to next processing department during June Work in process, June 30 4,600 units, 55% 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 Total 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 Feedback 83,600 units Inventory in process, June 1 Started and completed in June…arrow_forward
- AccountingAccountingISBN:9781337272094Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.Publisher:Cengage Learning,Accounting Information SystemsAccountingISBN:9781337619202Author:Hall, James A.Publisher:Cengage Learning,
- Horngren's Cost Accounting: A Managerial Emphasis...AccountingISBN:9780134475585Author:Srikant M. Datar, Madhav V. RajanPublisher:PEARSONIntermediate AccountingAccountingISBN:9781259722660Author:J. David Spiceland, Mark W. Nelson, Wayne M ThomasPublisher:McGraw-Hill EducationFinancial and Managerial AccountingAccountingISBN:9781259726705Author:John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting PrinciplesPublisher:McGraw-Hill Education





