Question 1) Please refer to the picture. It has parts A & B.
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Question 2) Please refer to the picture. It has parts A & B.
Equivalent Units of Production Data for the two departments of Kimble & Pierce Company for June of the current fiscal year are as follows: Drawing Department Winding Department 8,100 units, 50% completed 2,700 units, 60% completed Work in process, June 1 Completed and transferred to next processing department during June Work in process, June 30 111,000 units 110,000 units 6,200 units, 75% completed 3,700 units, 25% completed Production begins in the Drawing Department and finishes in the Winding Department. 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 "O". Drawing Department Direct Materials and Conversion Equivalent Units of Production For June Direct Materials Conversion Whole Units Equivalent Units Equivalent Units Inventory in process, June 1 Started and completed in June Transferred to Winding Department in June Inventory process, June 30 Total 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 "O". Winding Department Direct Materials and Conversion Equivalent Units of Production For June Whole Units Direct Materials Conversion Equivalent Units Equivalent Units Inventory in process, June 1 Started and completed in June Transferred to finished goods in June Inventory in process, June 30 Total Equivalent Units of Production 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 ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Dec. 9,180 1 Bal., 8,100 units, 2/3 completed 31 Direct materials, 145,800 units 247,860 257,040 31 Direct labor 65,400 322,440 31 Factory overhead 36,786 359,226 31 Goods finished, 147,600 units 345,870 13,356 31 Bal., ? units, 3/5 completed 13,356 a. Determine the number of units in work in process inventory at December 31. units b. Determine the equivalent units of production for direct materials and conversion costs in December. If an amount is zero, enter in "O". Baking Department Equivalent Units of Production for Direct Materials and Conversion Costs For December Equivalent Units Equivalent Whole Units Direct Materials Units Conversion Inventory in process, December 1 Started and completed in December Transferred to finished goods in December Inventory in process, December 31 10 Total
