GHome T Chegg.com x Cengage Learning Do agenow.com/ln/takessignment/takeAssignme

Question

GHome T Chegg.com x Cengage Learning Do agenow.com/ln/takessignment/takeAssignmentMain.do?invoker-assignments&takeAssignmentSessionLocator-assignment-take;& Equivalent Units of Production: Average Cost 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, July1 1,400 units, 70% completed 22,400 units 1,100 units, 65% completed 450 units, 35% completed 21,850 units 700 units, 30% completed Completed and transferred to next processing department during July Work in process, July 31 Each depaktment uses the average cost method. 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 Equivalent units of b. Determine the number of whole units to be accounted for and to be assigned costs and the equivalent units of production for the Winding Department. Whole units units Equivalent units of Check y Work

Explanation / Answer

a Whole units 23500 =22400+1100 Equivalent units 23115 =22400+(1100*65%) b Whole units 22550 =21850+700 Equivalent units 22060 =21850+(700*30%)

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