Drawing Department Winding Department Work in process, July 1 Completed and transferred to next processing department during July Work in process, July 31 500 units, 50% completed 350 units, 30% completed 11,400 units 10,950 units 800 units, 25% completed 700 units, 55% completed
Drawing Department Winding Department Work in process, July 1 Completed and transferred to next processing department during July Work in process, July 31 500 units, 50% completed 350 units, 30% completed 11,400 units 10,950 units 800 units, 25% completed 700 units, 55% completed
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 14E: Cost per equivalent unit The following information concerns production in the Forging Department for...
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Question
Units of production data for the two departments of Atlantic Cable and Wire Company for July of the current fiscal year are as follows:
Attachment
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.
![Drawing Department
Winding Department
Work in process, July 1
Completed and transferred to next
processing department during July
Work in process, July 31
500 units, 50% completed
350 units, 30% completed
11,400 units
10,950 units
800 units, 25% completed
700 units, 55% completed](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fff5e6d3c-e429-469b-a882-c342a25e52bd%2Fb1e900c1-a351-4453-bf80-3d62a981e8a0%2Fzh7gqgd.jpeg&w=3840&q=75)
Transcribed Image Text:Drawing Department
Winding Department
Work in process, July 1
Completed and transferred to next
processing department during July
Work in process, July 31
500 units, 50% completed
350 units, 30% completed
11,400 units
10,950 units
800 units, 25% completed
700 units, 55% completed
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