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Data for the two departments of Kimble & Pierce Company for June of the current fiscal year are as follows:   Drawing Department Winding Department Work in process, June 1 10,000 units, 38% completed 4,000 units, 35% completed Completed and transferred to next    processing department during June 60,000 units 60,500 units Work in process, June 30 11,500 units, 70% completed 3,500 units, 60% completed Production 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 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 Equivalent Units Conversion Equivalent Units Inventory in process, June 1 fill in the blank 4661f10fcff7fec_1 fill in the blank 4661f10fcff7fec_2 fill in the blank 4661f10fcff7fec_3 Started and completed in June fill in the blank 4661f10fcff7fec_4 fill in the blank 4661f10fcff7fec_5 fill in the blank 4661f10fcff7fec_6 Transferred to Winding Department in June fill in the blank 4661f10fcff7fec_7 fill in the blank 4661f10fcff7fec_8 fill in the blank 4661f10fcff7fec_9 Inventory in process, June 30 fill in the blank 4661f10fcff7fec_10 fill in the blank 4661f10fcff7fec_11 fill in the blank 4661f10fcff7fec_12 Total fill in the blank 4661f10fcff7fec_13 fill in the blank 4661f10fcff7fec_14 fill in the blank 4661f10fcff7fec_15 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 June for the Winding Department. If an amount is zero, enter in "0". Winding Department Direct Materials and Conversion Equivalent Units of Production For June   Whole Units Direct Materials Equivalent Units Conversion Equivalent Units Inventory in process, June 1 fill in the blank 741492fcbfdafca_1 fill in the blank 741492fcbfdafca_2 fill in the blank 741492fcbfdafca_3 Started and completed in June fill in the blank 741492fcbfdafca_4 fill in the blank 741492fcbfdafca_5 fill in the blank 741492fcbfdafca_6 Transferred to finished goods in June fill in the blank 741492fcbfdafca_7 fill in the blank 741492fcbfdafca_8 fill in the blank 741492fcbfdafca_9 Inventory in process, June 30 fill in the blank 741492fcbfdafca_10 fill in the blank 741492fcbfdafca_11 fill in the blank 741492fcbfdafca_12 Total fill in the blank 741492fcbfdafca_13 fill in the blank 741492fcbfdafca_14 fill in the blank 741492fcbfdafca_15

Data for the two departments of Kimble & Pierce Company for June of the current fiscal year are as follows:   Drawing Department Winding Department Work in process, June 1 10,000 units, 38% completed 4,000 units, 35% completed Completed and transferred to next    processing department during June 60,000 units 60,500 units Work in process, June 30 11,500 units, 70% completed 3,500 units, 60% completed Production 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 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 Equivalent Units Conversion Equivalent Units Inventory in process, June 1 fill in the blank 4661f10fcff7fec_1 fill in the blank 4661f10fcff7fec_2 fill in the blank 4661f10fcff7fec_3 Started and completed in June fill in the blank 4661f10fcff7fec_4 fill in the blank 4661f10fcff7fec_5 fill in the blank 4661f10fcff7fec_6 Transferred to Winding Department in June fill in the blank 4661f10fcff7fec_7 fill in the blank 4661f10fcff7fec_8 fill in the blank 4661f10fcff7fec_9 Inventory in process, June 30 fill in the blank 4661f10fcff7fec_10 fill in the blank 4661f10fcff7fec_11 fill in the blank 4661f10fcff7fec_12 Total fill in the blank 4661f10fcff7fec_13 fill in the blank 4661f10fcff7fec_14 fill in the blank 4661f10fcff7fec_15 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 June for the Winding Department. If an amount is zero, enter in "0". Winding Department Direct Materials and Conversion Equivalent Units of Production For June   Whole Units Direct Materials Equivalent Units Conversion Equivalent Units Inventory in process, June 1 fill in the blank 741492fcbfdafca_1 fill in the blank 741492fcbfdafca_2 fill in the blank 741492fcbfdafca_3 Started and completed in June fill in the blank 741492fcbfdafca_4 fill in the blank 741492fcbfdafca_5 fill in the blank 741492fcbfdafca_6 Transferred to finished goods in June fill in the blank 741492fcbfdafca_7 fill in the blank 741492fcbfdafca_8 fill in the blank 741492fcbfdafca_9 Inventory in process, June 30 fill in the blank 741492fcbfdafca_10 fill in the blank 741492fcbfdafca_11 fill in the blank 741492fcbfdafca_12 Total fill in the blank 741492fcbfdafca_13 fill in the blank 741492fcbfdafca_14 fill in the blank 741492fcbfdafca_15

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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  1. Data for the two departments of Kimble & Pierce Company for June of the current fiscal year are as follows:

      Drawing Department Winding Department
    Work in process, June 1 10,000 units, 38% completed 4,000 units, 35% completed
    Completed and transferred to next
       processing department during June    		 60,000 units 60,500 units
    Work in process, June 30 11,500 units, 70% completed 3,500 units, 60% completed

    Production 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 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
    Equivalent Units    		 Conversion
    Equivalent Units
    Inventory in process, June 1 fill in the blank 4661f10fcff7fec_1 fill in the blank 4661f10fcff7fec_2 fill in the blank 4661f10fcff7fec_3
    Started and completed in June fill in the blank 4661f10fcff7fec_4 fill in the blank 4661f10fcff7fec_5 fill in the blank 4661f10fcff7fec_6
    Transferred to Winding Department in June fill in the blank 4661f10fcff7fec_7 fill in the blank 4661f10fcff7fec_8 fill in the blank 4661f10fcff7fec_9
    Inventory in process, June 30 fill in the blank 4661f10fcff7fec_10 fill in the blank 4661f10fcff7fec_11 fill in the blank 4661f10fcff7fec_12
    Total fill in the blank 4661f10fcff7fec_13 fill in the blank 4661f10fcff7fec_14 fill in the blank 4661f10fcff7fec_15

    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 June for the Winding Department. If an amount is zero, enter in "0".

    Winding Department
    Direct Materials and Conversion Equivalent Units of Production
    For June
      Whole Units Direct Materials
    Equivalent Units    		 Conversion
    Equivalent Units
    Inventory in process, June 1 fill in the blank 741492fcbfdafca_1 fill in the blank 741492fcbfdafca_2 fill in the blank 741492fcbfdafca_3
    Started and completed in June fill in the blank 741492fcbfdafca_4 fill in the blank 741492fcbfdafca_5 fill in the blank 741492fcbfdafca_6
    Transferred to finished goods in June fill in the blank 741492fcbfdafca_7 fill in the blank 741492fcbfdafca_8 fill in the blank 741492fcbfdafca_9
    Inventory in process, June 30 fill in the blank 741492fcbfdafca_10 fill in the blank 741492fcbfdafca_11 fill in the blank 741492fcbfdafca_12
    Total fill in the blank 741492fcbfdafca_13 fill in the blank 741492fcbfdafca_14 fill in the blank 741492fcbfdafca_15
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