Question

Equivalent Units or Production Units of production data for the two departments of Continental Cable and Wire Company for November of the current fiscal year are as follows: Drawing Winding Department Department 7,700 units, 20 % 2,100 units, 70% Work in process, November 1 completed completed Completed and transferred to next processing 105,500 units 104,700 units department during November 2,900 units, 10% 5,900 units, 55% Work in process, November 30 completed completed 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 November for the Drawing Department. If an amount is zero, enter in "0" Drawing Department Direct Materials and Conversion Equivalent Units of Production For November

Answer 1

Requirement a

Drawing Department
Direct Materials and Conversion Equivalent Units of Production
For November
	Whole Units	Direct Materials Equivalent Units	Conversion Equivalent Units
Inventory in process, November 1	7,700	0	6,160
Started and completed in November	97,800	97800	97800
Transferred to Winding Department in November	105500	97800	103960
Inventory in process, November 30	5,900	5,900	3,245
Total	111400	103700	107205

Working

STEP 1 (FIFO)
Reconciliation of Units
	Units	% already completed		% completed this period
		Material	Conversion cost	Material	Conversion cost
Beginning WIP	7,700	100%	20%	0%	80%
Units introduced	103,700
Total units to be accounted for	111,400
Completed and Transferred unit	105,500	0%	0%	100%	100%
Ending WIP	5,900	0%	0%	100%	55%

.

STEP 2 (FIFO)
Equivalent Units
	Total Units	Material		Conversion cost
Units Transferred:		% completed this period	Equivalent Units	% completed this period	Equivalent Units
From WIP	7,700	0%	-	80%	6,160
From units started/Introduced	97,800	100%	97,800	100%	97,800
Total	105,500		97,800		103,960
	Total Units	Material		Conversion cost
Ending WIP		% completed this period	Equivalent Units	% completed this period	Equivalent Units
Total	5,900	100%	5,900	55%	3,245
Total EUP	111,400		103,700		107,205

Requirement b

Winding Department
Direct Materials and Conversion Equivalent Units of Production
For November
	Whole Units	Direct Materials Equivalent Units	Conversion Equivalent Units
Inventory in process, November 1	2,100	0	630
Started and completed in November	102,600	102600	102600
Transferred to Winding Department in November	104700	102600	103230
Inventory in process, November 30	2,900	2,900	290
Total	107600	105500	103520

Working

STEP 1 (FIFO)
Reconciliation of Units
	Units	% already completed		% completed this period
		Material	Conversion cost	Material	Conversion cost
Beginning WIP	2,100	100%	70%	0%	30%
Units introduced	105,500
Total units to be accounted for	107,600
Completed and Transferred unit	104,700	0%	0%	100%	100%
Ending WIP	2,900	0%	0%	100%	10%

.

STEP 2 (FIFO)
Equivalent Units
	Total Units	Material		Conversion cost
Units Transferred:		% completed this period	Equivalent Units	% completed this period	Equivalent Units
From WIP	2,100	0%	-	30%	630
From units started/Introduced	102,600	100%	102,600	100%	102,600
Total	104,700		102,600		103,230
	Total Units	Material		Conversion cost
Ending WIP		% completed this period	Equivalent Units	% completed this period	Equivalent Units
Total	2,900	100%	2,900	10%	290
Total EUP	107,600		105,500		103,520