Equivalent Units of Production: Average Cost Method Units of production data for the two departments of Continental Cable and Wire Company for May of the current fiscal year are as follows: Drawing Department Winding Department Work in process, May 1 2,200 units, 50% completed 700 units, 20% completed Completed and transferred to next processing department during May 35,200 units 34,300 units Work in process, May 31 1,700 units, 60% completed 1,100 units, 30% 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 500 X units Equivalent units of production 20,800 X 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 units Equivalent units of production units Equivalent Units of Production and Related Costs The charges to Work in Process-Baking Department for a period as well as information concerning production are as follows. The Baking Department uses the average cost method, and all direct materials are placed in process during production. Work in Process-Baking Department Bal., 2,200 units, 30% completed 6,446 To Finished Goods, 15,900 units Direct materials, 16, 100 units 68,747 Direct labor 37,394 Factory overhead 19,263 Bal., 2,400 units, 70% completed If required, round cost per equivalent unit answer to two decimal places. a. Determine the number of whole units to be accounted for and to be assigned costs. units b. Determine the number of equivalent units of production. units c. Determine the cost per equivalent unit. per equivalent unit d. Determine the cost of the units transferred to Finished Goods. e. Determine the cost of units in ending Work in Process