Equivalent Units of ProductionData for the two departments of Kimble & Pierce Company for June of the current fiscal year are as follows:Drawing DepartmentWinding Department7,200 units, 45% completed2,800 units, 80% completedWork in process, June 1Completed and transferred to nextprocessing department during JuneWork in process, June 305,500 units, 75% completedProduction begins in the Drawing Department and finishes in the Winding Department.98,600 unitsInventory in process, June 1Started and completed in JuneTransferred to Winding Department in JuneInventory in process, June 30Totala. If all direct materials are placed in process at the beginning of production, determine the direct materials and conversionequivalent units of production for June for the Drawing Department. If an amount is zero, enter in "0".97,600 unitsDrawing DepartmentDirect Materials and Conversion Equivalent Units of ProductionFor JuneWhole Units3,800 units, 30% completed7,200Direct Materials ConversionEquivalent Units Equivalent Units0

Name: Equivalent Units of ProductionData for the two departments of Kimble
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Description: Equivalent Units of ProductionData for the two departments of Kimble & Pierce Company for June of the current fiscal year are as follows:Drawing DepartmentWinding Department7,200 units, 45% completed2,800 units, 80% completedWork in process, June 1C

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ivalent Units of Production a for the two departments of Kimble & Pierce Company for June of the current fiscal year are as follows: Drawing Department Winding Department 7,200 units, 45% completed 2,800 units, 80% completed rk in process, June 1 mpleted and transferred to next rocessing department during June rk in process, June 30 5,500 units, 75% completed duction begins in the Drawing Department and finishes in the Winding Department. 98,600 units ventory in process, June 1 arted and completed in June ansferred to Winding Department in June ventory in process, June 30 tal If all direct materials are placed in process at the beginning of production, determine the direct materials and conversi ivalent units of production for June for the Drawing Department. If an amount is zero, enter in "0". 97,600 units Drawing Department Direct Materials and Conversion Equivalent Units of Production For June Whole Units 3,800 units, 30% completed 7,200 Direct Materials Conversion Equivalent Units Equivalent Units 0

ivalent Units of Production a for the two departments of Kimble & Pierce Company for June of the current fiscal year are as follows: Drawing Department Winding Department 7,200 units, 45% completed 2,800 units, 80% completed rk in process, June 1 mpleted and transferred to next rocessing department during June rk in process, June 30 5,500 units, 75% completed duction begins in the Drawing Department and finishes in the Winding Department. 98,600 units ventory in process, June 1 arted and completed in June ansferred to Winding Department in June ventory in process, June 30 tal If all direct materials are placed in process at the beginning of production, determine the direct materials and conversi ivalent units of production for June for the Drawing Department. If an amount is zero, enter in "0". 97,600 units Drawing Department Direct Materials and Conversion Equivalent Units of Production For June Whole Units 3,800 units, 30% completed 7,200 Direct Materials Conversion Equivalent Units Equivalent Units 0

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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