Answered step by step
Verified Expert Solution
Question
1 Approved Answer
CH17 #8 Please help with this asap. Thanks alot Equivalent Units of Production Data for the two departments of Kimble & Pierce Company for June
CH17 #8
Please help with this asap. Thanks alot
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 8,400 units, 50% completed 2,300 units, 90% completed Work in process, June 1 Completed and transferred to next processing department during June 115,100 units 114,300 units Work in process, June 30 6,400 units, 80% completed 3,100 units, 25% 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 "O". Drawing Department Direct Materials and Conversion Equivalent Units of Production For June Whole Units Direct Materials Conversion Equivalent Units 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 bite Direct Materials Conversion Equivalent Units Equivalent Units Inventory in process, June 1 Started and completed in June Transferred to finished goods in June Inventory in process, June 30 TotalStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started