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Appendix EX 20-24 Equivalent units of production: average cost method The Converting Department of Tender Soft Tissue Company uses the average cost method and had 1,900 units in work in process that were 60% complete at the beginning of the period. During the period, 15,800 units were completed and transferred to the Packing De. partment. There were 1,200 units in process that were 30% complete at the end of the period. a. Determine the number of whole units to be accounted for and to be assigned costs for the period. b. Determine the number of equivalent units of production for the period. Appendix EX 20-25 Equivalent units of production: average cost method Units of production data for the two departments of Atlantic Cable and Wire Company for July of the current fiscal year are as follows: Drawing Department Winding Department Work in process, July 1 500 units, 50% completed 350 units, 30% completed Completed and transferred to next processing department during July 11,400 units 10,950 units Work in process, July 31 700 units, 55% completed 800 units, 25% completed Each department uses the average cost method. 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. Appendix EX 20-26 Equivalent units of production: average cost method The following information concerns production in the Finishing Department for May. The Finishing Department uses the average cost method. ACCOUNT Work in ProcessFinishing Department ACCOUNT NO Balance Date Debit Credit Debit Credit Item May 1 Bal., 4,200 units, 70% completed 31 Direct materials, 23,600 units 31 Direct labor 31 Factory overhead 31 Goods transferred, 24,700 units Bal., 2 units, 30% completed 125,800 75,400 82,675 36,500 162,300 237,700 320,375 11,625 11,625 308,750 a. Determine the number of units in work in process inventory at the end of the month. b. Determine the number of whole units to be accounted for and to be assigned costs and the equivalent units of production for May. Appendix EX 20-27 Equivalent units of production and related costs The charges to Work in Process-Baking Department for a period as well as informa- tion concerning production are as follows. The Baking Department uses the average cost method, and all direct materials are placed in process during production Work in Process-Baking Departments Bal., 900 units, 40% completed 2.466 To Finished Goods, 8, 100 units Direct materials, 8.400 units 34,500 Direct labor 16,200 Factory overhead 8,574 Bal., 1,200 units, 60% completed Determine the following: a. The number of whole units to be accounted for and to be assigned costs b. The number of equivalent units of production c. The cost per equivalent unit d. The cost of units transferred to Finished Goods e. The cost of units in ending Work in Process

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