Equivalent Units of Production Units of production data for the two departments
ID: 2569650 • Letter: E
Question
Equivalent Units of Production
Units of production data for the two departments of Continental Cable and Wire Company for June of the current fiscal year are as follows:
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
Whole Units
Direct Materials Equivalent Units
Conversion Equivalent Units
Inventory in process, June 1
Started and completed in June
Transferred to Winding Department in June
Inventory in process, June 30
Total
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
Whole Units
Direct Materials Equivalent Units
Conversion Equivalent Units
Inventory in process, June 1
Started and completed in June
Transferred to finished goods in June
Inventory in process, June 30
Total
-----------------------
Cost of Production Report
The Cutting Department of Tangu Carpet Company provides the following data for December 2014. Assume that all materials are added at the beginning of the process.
a. Prepare a cost of production report for the Cutting Department. If an amount is zero or a blank, enter in "0". For the cost per equivalent unit computations, round your answers to two decimal places.
Tangu Carpet Company
Cost of Production Report-Cutting Department
For the Month Ended December 31, 2014
Inventory in process, December 1
Received from Weaving Department
Total units accounted for by the Cutting Department
Equivalent Units
Whole Units
Direct Materials
Conversion
Inventory in process, December 1
Started and completed in December
Transferred to finished goods in December
Inventory in process, December 31
Total units to be assigned cost
Direct Materials
Conversion
Total costs for December in Cutting Department
$
$
Total equivalent units
Cost per equivalent unit
$
$
Direct Materials
Conversion
Total
Inventory in process, December 1
$
Costs incurred in December
Total costs accounted for by the Cutting Department
$
Costs allocated to completed and partially completed units:
Inventory in process, December 1 balance
$
To complete inventory in process, December 1
$
Cost of completed December 1 work in process
$
Started and completed in December
$
Transferred to finished goods in December
$
Inventory in process, December 31
Total costs assigned by the Cutting Department
$
b. Compute and evaluate the change in cost per equivalent unit for direct materials and conversion from the previous month (November). If required, round your answers to two decimal places.
Drawing Department Winding Department Work in process, June 1 8,700 units, 55% completed 1,800 units, 65% completed Completed and transferred to next processing department during June 119,200 units 118,600 units Work in process, June 30 6,600 units, 60% completed 2,400 units, 10% completed
Explanation / Answer
Drawing Department Direct Materials and Conversion Equivalent Units of Production For June Whole Units Direct Materials Equivalent Units Conversion Equivalent Units Inventory in process, June 1 8700 Started and completed in June (125800-8700) 117100 Transferred to Winding Department in June 119200 119200 119200 Inventory in process, June 30 6600 6600 3960 (6600*60%) Total 125800 125800 123160 Winding Department Direct Materials and Conversion Equivalent Units of Production For June Whole Units Direct Materials Equivalent Units Conversion Equivalent Units Inventory in process, June 1 1800 Started and completed in June 119200 Transferred to finished goods in June 118600 118600 118600 Inventory in process, June 30 2400 2400 240 (2400*10%) Total 121000 121000 118840 There are two different question. I have answered the first one
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.