Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I want to know part b. answer completely and understand the right formula to figure out conversion equi.units. Equivalent Units of Production Units of production
I want to know part b. answer completely and understand the right formula to figure out conversion equi.units.
Equivalent Units of Production Units of production data for the two departments of Continental Cable and Wire Company for November of the current fiscal year are as follows: Drawing Department Winding Department Work in process, November 1 5,600 units, 45% completed 3,100 units, 75% completed Completed and transferred to next processing department during November 76,700 units 75,600 units Work in process, November 30 4,300 units, 60% completed 4,200 units, 10% completed 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 November for the Drawing Department. If an amount is zero, enter in "o". Drawing Department Direct Materials and Conversion Equivalent Units of Production For November Whole Units Direct Materials Equivalent Units Conversion Equivalent Units Inventory in process, November 1 5,600 3,080 Started and completed in November 71,100 71,100 71,100 Transferred to Winding Department in November 71,100 74,180 76,700 4,300 Inventory in process, November 30 4,300 2,580 Total 81,000 75,400 76,760 Feedback Check My Work When are the materials added to the units? How much more needs to be done to the beginning units with respect to conversion costs to complete the units? How much has been added to the units in ending work in process inventory with respect to materials and conversion? 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 November for the Winding Department. If an amount is zero, enter in "0". Winding Department Direct Materials and Conversion Equivalent Units of Production For November Whole Units Direct Materials Equivalent Units Conversion Equivalent UnitsStep 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