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Equivalent Units of Production: Weighted Average Cost Method Units of production data for the two departments of Atlantic Cable and Wire Company for July
Equivalent Units of Production: Weighted 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 1,750 units, 40% completed 550 units, 20% completed Completed and transferred to next processing department during July 28,000 units Work in process, July 31 Each department uses the weighted average cost method. 27,300 units 1,300 units, 65% completed 900 units, 25% completed 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 Equivalent units of production units 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 Equivalent units of production units units
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