Question: Please fill out the blank boxes for (a) and (b). Thank you in advance! :) Equivalent Units of Production Units of production data for the

Please fill out the blank boxes for (a) and (b). Thank you in advance! :)

Please fill out the blank boxes for (a) and (b). Thank youin advance! :) Equivalent Units of Production Units of production data for

Equivalent Units of Production Units of production data for the two departments of Continental Cable and Wire Company for November of the current fiscal year are as follows: Drawing Department Winding Department Work in process, November 1 5,000 units, 50% completed 2,100 units, 65% completed Completed and transferred to next processing department during November 68,500 units 67,700 units Work in process, November 30 3,800 units, 75% completed 2,900 units, 15% completed 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 November for the Drawing Department. If an amount is zero, enter in "O". Drawing Department Direct Materials and Conversion Equivalent Units of Production For November Whole Units Direct Materials Equivalent Units Conversion Equivalent Units Inventory in process, November 1 5,000 0 2,500 Started and completed in November 63,500 63,500 63,500 Transferred to Winding Department in November 68,500 63,500 Inventory in process, November 30 3,800 3,800 Total 72,300 67,300 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 November for the Winding Department. If an amount is zero, enter in "0". Winding Department Direct Materials and Conversion Equivalent Units of Production For November Whole Units Direct Materials Equivalent Units Conversion Equivalent Units Inventory in process, November 1 Started and completed in November Transferred to finished goods in November Inventory in process, November 30 Total

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!