Drawing DepartmentDirect Materials and Conversion Equivalent Units of ProductionFor JuneDirect MaterialsConversionWhole UnitsEquivalent Units Equivalent UnitsInventory in process, June 1Started and completed in JuneTransferred to Winding Department in JuneInventory in process, June 30Totalb. 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 forthe Winding Department. If an amount is zero, enter in "0".Winding DepartmentDirect Materials and Conversion Equivalent Units of ProductionFor JuneDirect MaterialsConversionWhole UnitsEquivalent Units Equivalent UnitsInventory in process, June 1Started and completed in JuneTransferred to finished goods in JuneInventory in process, June 30Total EquivalenUnits ofT ProductionData for the two departments of Kimble & Pierce Company for June of the current fiscal year are as follows:Drawing DepartmentWinding DepartmentWork in process, June 18,800 units, 30% completed3,400 units, 85% completedCompleted and transferred to next120,600 units119,400 unitsprocessing department during JuneWork in process, June 306,700 units, 45% completed4,600 units, 20% completedProduction 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 forthe Drawing Department. If an amount is zero, enter in "0".

Name: Drawing DepartmentDirect Materials and Conversion Equivalent Units of
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Description: Drawing DepartmentDirect Materials and Conversion Equivalent Units of ProductionFor JuneDirect MaterialsConversionWhole UnitsEquivalent Units Equivalent UnitsInventory in process, June 1Started and completed in JuneTransferred to Winding Department

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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 in process, June 30 Total . 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 fo he 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 Whole Units Equivalent Units Equivalent Units Inventory in process, June 1 Started and completed in June

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 in process, June 30 Total . 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 fo he 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 Whole Units Equivalent Units Equivalent Units Inventory in process, June 1 Started and completed in June

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 6E: Data for the two departments of Kimble Pierce Company for June of the current fiscal year are as...

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The records of Stone Inc. reflect the following data: Work in process, beginning of month4,000 units one-fourth completed at a cost of 2,500 for materials, 1,400 for labor, and 1,800 for overhead. Production costs for the monthmaterials, 130,000; labor, 70,000; and factory overhead, 82,000. Units completed and transferred to stock45,000. Work in process, end of month5,000 units, one-half completed. Compute the months unit cost for each element of manufacturing cost and the total per unit cost. (Round unit costs to three decimal places.)
Units of production data for the two departments of Atlantic Cable and Wire Company for July of the current fiscal year are as follows: Each department uses the weighted average method. For each department, assume that direct Materials are placed in process during production. 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.
During March, the following costs were charged to the manufacturing department: $22,500 for materials; $45,625 for labor; and $50,000 for manufacturing overhead. The records show that 40,000 units were completed and transferred, while 10,000 remained in ending inventory. There were 45,000 equivalent units of material and 42,500 units of conversion costs. Using the weighted-average method, prepare the companys process cost summary for the month.
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Basic Cost Flows Linsenmeyer Company produces a common machine component for industrial equipment in three departments: molding, grinding, and finishing. The following data are available for September: During September, 18,000 components were completed. There is no beginning or ending WIP in any department. Required: 1. Prepare a schedule showing, for each department, the cost of direct materials, direct labor, applied overhead, product transferred in from a prior department, and total manufacturing cost. 2. Calculate the unit cost. (Note: Round the unit cost to two decimal places.)