Data for the two departments of Kimble & Pierce Company for June of the current...
60.1K
Verified Solution
Question
Accounting
-
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 5,000 units, 50% completed 3,900 units, 85% completed Completed and transferred to next processing department during June 68,500 units 67,100 units Work in process, June 30 3,800 units, 65% completed 5,300 units, 10% 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 Started and completed in June Transferred to Winding Department in June Inventory in process, June 30 Total
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 Started and completed in June Transferred to finished goods in June Inventory in process, June 30 Total
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 | 5,000 units, 50% completed | 3,900 units, 85% completed |
Completed and transferred to next processing department during June | 68,500 units | 67,100 units |
Work in process, June 30 | 3,800 units, 65% completed | 5,300 units, 10% 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".
Whole Units | Direct Materials Equivalent Units | Conversion Equivalent Units | |
Inventory in process, June 1 | |||
Started and completed in June | |||
Transferred to Winding Department in June | |||
Inventory in process, June 30 | |||
Total |
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".
Whole Units | Direct Materials Equivalent Units | Conversion Equivalent Units | |
Inventory in process, June 1 | |||
Started and completed in June | |||
Transferred to finished goods in June | |||
Inventory in process, June 30 | |||
Total |
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.