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II Print fem Equivalent Units of Production: Average Cost Method Units of production data for the two departments of Atlantic Cable and Wire Company for
II Print fem 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 Completed and transferred to next processing department during July 500 units, 50% completed 11,400 units Work in process, July 31 350 units, 30% completed 10,950 units 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 Equivalent units of production X 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 CO Feedback Check My Work a and b. How many units were started during the current period? How many units were complete at the end of the period? How many units were still in work in process? Check My Work Previous Next >
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