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, July 1	500 units, 50% completed	350 units, 30% completed
Completed and transferred to next processing department during July	11,400 units	10,950 units
Work in process, July 31	700 units, 55% completed	800 units, 25% completed

Each department 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	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 of production for the Winding Department.

Whole units fill in the blank
Equivalent units of production fill in the blank