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Equivalent Units of Production Data for the two departments of Kimble & Pierce Company for June of the current fiscal year are as follows: Winding Department Drawing Department 6,400 units, 45% completed 3,300 units, 60% completed Work in process, June 1 Completed and transferred to next processing department during June Work in process, June 30 4,900 units, 75% completed Production begins in the Drawing Department and finishes in the Winding Department. Inventory in process, June 1 Started and completed in June Transferred to Winding Department in June Inventory in process, June 30 87,700 units Total 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 June for the Drawing Department. If an amount is zero, enter in "0". Drawing Department Direct Materials and Conversion Equivalent Units of Production For June Whole Units 86,500 units 6,400 4,500 units, 20% completed Direct Materials Conversion Equivalent Units Equivalent Units 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 June for the Drawing Department. If an amount is zero, enter in "0". Drawing Department Direct Materials and Conversion Equivalent Units of Production For June Inventory in process, June 1 Started and completed in June Transferred to Winding Department in June Inventory in process, June 30 Total Inventory in process, June 1 Started and completed in June Transferred to finished goods in June Inventory in process, June 30 Whole Units Total 6,400 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 June for the Winding Department. If an amount is zero, enter in "0". Winding Department Direct Materials and Conversion Equivalent Units of Production For June Direct Materials Conversion Equivalent Units Equivalent Units Whole Units Direct Materials Conversion Equivalent Units Equivalent Units Date Dec. ACCOUNT Work in Process-Baking Department Item 1 Bal., 8,400 units, 3/5 completed 31 Direct materials, 151,200 units 31 Direct labor Total 31 Factory overhead 31 Goods finished, 153,300 units 31 Bal., ? units, 3/5 completed Debit Inventory in process, December 1 Started and completed in December Transferred to finished goods in December Inventory in process, December 31 257,040 68,110 38,318 Credit 361,536 ACCOUNT NO. Whole Units Balance a. Determine the number of units in work in process inventory at December 31. units Debit 11,424 268,464 336,574 374,892 13,356 13,356 b. Determine the equivalent units of production for direct materials and conversion costs in December. If an amount is zero, enter in "0". Baking Department Equivalent Units of Production for Direct Materials and Conversion Costs For December Credit Equivalent Units Equivalent Direct Materials Units Conversion Costs per Equivalent Unit The following information concerns production in the Baking Department for December. All direct materials are placed in process at the beginning of production. ACCOUNT Work in Process-Baking Department Date Item Dec. 1 Bal., 5,700 units, 3/5 completed 31 Direct materials, 102,600 units 31 Direct labor Debit 164,160 45,860 25,792 Credit ACCOUNT NO. 239,259 Balance Debit 11,343 175,503 221,363 247,155 7,896 7,896 Credit 31 Factory overhead 31 Goods finished, 104,100 units 31 Bal., ? units, 2/5 completed a. Based on the above data, determine each cost listed below. Round "cost per equivalent unit" answers to the nearest cent. 1. Direct materials cost per equivalent unit 2. Conversion cost per equivalent unit 3. Cost of the beginning work in process completed during December 4. Cost of units started and completed during December 5. Cost of the ending work in process b. Assuming that the direct materials cost is the same for November and December, did the conversion cost per equivalent unit increase, decrease, or remain the same in December? $
