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equivalent units of production_Drawing Department Winiding Department

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solution


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Question;Units;of production data for the two departments of Atlantic Cable and Wire Company;for August of the current fiscal year are as follows;Drawing DepartmentWiniding Department;Work in;Process - Aug. 1;2100 units;50% completed;2000 units;30% complete;Completed and;transferred to next processing department during August;90,000 units;89,200 Units;Work in;Process - Aug. 31;2,500 units -;55% completed;2,800 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.;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.

 

Paper#37393 | Written in 18-Jul-2015

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