Please do not give solution in image format thanku b. If all direct materials are placed in process at the beginning of production, determine the direct materials and conversion equivalent units ofproduction for June for the Winding Department. If an amount is zero, enter in "0".Winding DepartmentDirect Materials and Conversion Equivalent Units of ProductionFor JuneInventory in process, June 1Started and completed in JuneTransferred to finished goods in JuneInventory in process, June 30TotalFeedbackWhole Units3,3004,500Direct Materials ConversionEquivalent Units Equivalent Units Data for the two departments of Kimble & Pierce Company for June of the current fiscal year are as follows:Drawing DepartmentWinding DepartmentWork in process, June 16,200 units, 40% completed3,300 units, 65% completedCompleted and transferred to next84,900 unitsprocessing department during JuneWork in process, June 304,700 units, 75% 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 ofproduction for June for the Drawing Department. If an amount is zero, enter in "0".Inventory in process, June 1Started and completed in JuneTransferred to Winding Department in JuneInventory in process, June 30TotalDrawing DepartmentDirect Materials and Conversion Equivalent Units of ProductionFor JuneWhole Units6,200083,700 units4,7004,500 units, 10% completed3001Direct MaterialsConversionEquivalent Units Equivalent Units1000

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Description: Please do not give solution in image format thanku b. If all direct materials are placed in process at the beginning of production, determine the direct materials and conversion equivalent units ofproduction for June for the Winding Department. If an

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ata for the two departments of Kimble & Pierce Company for June of the current fiscal year are as follows: Drawing Department Winding Department 3,300 units, 65% completed 6,200 units, 40% completed 83,700 units 4,500 units, 10% completed Work in process, June 1 ompleted and transferred to next processing department during June Work in process, June 30 4,700 units, 75% completed oduction begins in the Drawing Department and finishes in the Winding Department. 84,900 units . If all direct materials are placed in process at the beginning of production, determine the direct materials and conversion equivalent units of roduction for June for the Drawing Department. If an amount is zero, enter in "0". Drawing Department Direct Materials and Conversion Equivalent Units of Production For June Whole Units Direct Materials Conversion

ata for the two departments of Kimble & Pierce Company for June of the current fiscal year are as follows: Drawing Department Winding Department 3,300 units, 65% completed 6,200 units, 40% completed 83,700 units 4,500 units, 10% completed Work in process, June 1 ompleted and transferred to next processing department during June Work in process, June 30 4,700 units, 75% completed oduction begins in the Drawing Department and finishes in the Winding Department. 84,900 units . If all direct materials are placed in process at the beginning of production, determine the direct materials and conversion equivalent units of roduction for June for the Drawing Department. If an amount is zero, enter in "0". Drawing Department Direct Materials and Conversion Equivalent Units of Production For June Whole Units Direct Materials Conversion

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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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.
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.)
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Cost per equivalent unit The following information concerns production in the Forging Department for November. All direct materials are placed into the process at the beginning of production, and conversion costs are incurred evenly throughout the process. The beginning inventory consists of 9,000 of direct materials. A. Determine the number of units transferred to the next department. B. Determine the costs per equivalent unit of direct materials and conversion. C. Determine the cost of units started and completed in November.
Costs per equivalent unit and production costs Based on the data in Exercise 17-14, determine the following: A. Cost of beginning work in process inventory completed in November B. Cost of units transferred to the next department during November C. Cost of ending work in process inventory on November 30 D. Costs per equivalent unit of direct materials and conversion included in the November 1 beginning work in process E. The November increase or decrease in costs per equivalent unit for direct materials and conversion from the previous month
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.
In October, the cost of materials transferred into the Rolling Department from the Casting Department of Kraus Steel Company is 3,000,000. The conversion cost for the period in the Rolling Department is 462,600 (275,000 factory overhead applied and 187,600 direct labor). The total cost transferred to Finished Goods for the period was 3,392,400. The Rolling Department had a beginning inventory of 163,800. a. Journalize for the Rolling Department (1) the cost of transferred-in materials, (2) the conversion costs, and (3) the costs transferred out to Finished Goods. b. Determine the balance of Work in ProcessRolling at the end of the period.
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A company started the month with 4,519 units in work in process inventory. It started 15,295 units and had an ending inventory of 4,936. The units were 100% complete to materials and 30% complete with conversion. How many units were transferred out during the period?
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A company started the month with 8,329 units in work in process inventory. It started 23,142 unit and had an ending inventory of 9,321. The units were 100% complete to materials and 67% complete with conversion. How many units were transferred out during the period?