Question

In: Accounting

Data for the two departments of Kimble & Pierce Company for June of the current fiscal year are as follows:


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 17,400 units, 30% completed2,900 units, 60% completed

Completed and transferred to next

  processing department during June

101,400 units100,400 units
Work in process, June 305,600 units, 75% completed3,900 units, 30% completed 


Production begins in the Drawing Department and finishes in the Winding Department. 


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" 

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 Dune for the Winding Department. If an amount is zero, enter in "0" 

Solutions

Expert Solution

Part A

Drawing Department

Direct Materials and Conversion Equivalent Units of Production

For June

Whole Units

Direct Materials Equivalent Units

Conversion Equivalent Units

Inventory in process, November 1 (7400*0%); (7400*70%)

7400

0

5180

Started and completed in November

94000

94000

94000

Transferred to Winding Department in November

101400

94000

99180

Inventory in process, November 30 (5600*100%); (5600*75%)

5600

5600

4200

Total

107000

99600

103380

Started and completed in November = 101400-7400 =71100

Part B

Winding Department

Direct Materials and Conversion Equivalent Units of Production

For June

Whole Units

Direct Materials Equivalent Units

Conversion Equivalent Units

Inventory in process, November 1 (2900*0%); (2900*40%)

2900

0

1160

Started and completed in November

97500

97500

97500

Transferred to Winding Department in November

100400

97500

98660

Inventory in process, November 30 (3900*100%); (3900*30%)

3900

3900

1170

Total

96500

93600

97490

100400-2900 =97500

ekkarill92 answered 2 years ago
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