Hi,
I am haing troubles with the below problem.
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 | 6,000 units, 55% completed | 3,300 units, 60% completed |
| Completed and transferred to next processing department during June |
82,200 units | 81,000 units |
| Work in process, June 30 | 4,600 units, 55% completed | 4,500 units, 10% completed |
Production begins in the Drawing Department and finishes in the Winding Department.
Question Content Area
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 | fill in the blank | fill in the blank | fill in the blank |
| Started and completed in June | fill in the blank | fill in the blank | fill in the blank |
| Transferred to Winding Department in June | fill in the blank | fill in the blank | fill in the blank |
| Inventory in process, June 30 | fill in the blank | fill in the blank | fill in the blank |
| Total | fill in the blank | fill in the blank | fill in the blank |
Feedback Area
Feedback
When are the materials added to the units? How much more needs to be done to the beginning units with respect to conversion costs to complete the units? How much has been added to the units in ending work in process inventory with respect to materials and conversion?
Question Content Area
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 | fill in the blank | fill in the blank | fill in the blank |
| Started and completed in June | fill in the blank | fill in the blank | fill in the blank |
| Transferred to finished goods in June | fill in the blank | fill in the blank | fill in the blank |
| Inventory in process, June 30 | fill in the blank | fill in the blank | fill in the blank |
| Total | fill in the blank | fill in the blank | fill in the blank |
To determine the direct materials and conversion equivalent units of production for June in both the Drawing Department and the Winding Department of Kimble & Pierce Company, we need to consider the various stages of production and the units in each stage. Let’s calculate these equivalent units step by step:
Drawing Department
Direct Materials Equivalent Units
Inventory in process, June 1
We have 6,000 units in process on June 1, which are 55% completed. This means we have 6,000 * 55% = 3,300 equivalent units for direct materials.
Started and completed in June
During June, 82,200 units were started and completed. So, we have 82,200 equivalent units for direct materials.
Transferred to Winding Department in June
All 82,200 units completed in June were transferred to the Winding Department, so we have 82,200 equivalent units for direct materials here as well.
Inventory in process, June 30
There are 4,600 units in process on June 30, which are 55% completed. This means we have 4,600 * 55% = 2,530 equivalent units for direct materials.
Total Direct Materials Equivalent Units
Summing up all the above, we get a total of 3,300 + 82,200 + 82,200 + 2,530 = 170,230 equivalent units for direct materials in the Drawing Department.
Conversion Equivalent Units
To calculate the conversion equivalent units, we need to consider the degree of completion for each category of units at each stage.
Inventory in process, June 1:
We have 6,000 units in process on June 1, which are 55% completed. So, we have 6,000 * 55% = 3,300 equivalent units for conversion.
Started and completed in June:
All 82,200 units completed in June are also 100% complete in terms of conversion. Thus, we have 82,200 equivalent units for conversion here.
Inventory in process, June 30:
There are 4,600 units in process on June 30, but they are only 10% complete in terms of conversion. So, we have 4,600 * 10% = 460 equivalent units for conversion.
Total Conversion Equivalent Units:
Summing up all the above, we get a total of 3,300 + 82,200 + 460 = 85,960 equivalent units for conversion in the Drawing Department.
Winding Department
a. Direct Materials Equivalent Units
Inventory in process, June 1
We have 3,300 units from the Drawing Department that were transferred in, and they are 100% complete in terms of direct materials. So, we have 3,300 equivalent units for direct materials.
Started and completed in June
During June, 81,000 units were started and completed in the Winding Department. So, we have 81,000 equivalent units for direct materials.
Transferred to finished goods in June
All 81,000 units completed in June were transferred to finished goods, so we have 81,000 equivalent units for direct materials here as well.
Inventory in process, June 30
There are 4,500 units in process on June 30, which are 10% complete in terms of direct materials. This means we have 4,500 * 10% = 450 equivalent units for direct materials.
Total Direct Materials Equivalent Units:
Summing up all the above, we get a total of 3,300 + 81,000 + 81,000 + 450 = 165,750 equivalent units for direct materials in the Winding Department.
Conversion Equivalent Units
Inventory in process, June 1
We have 3,300 units from the Drawing Department that were transferred in, and they are 100% complete in terms of conversion. So, we have 3,300 equivalent units for conversion.
Started and completed in June
During June, 81,000 units were started and completed in the Winding Department. All of these units are also 100% complete in terms of conversion. So, we have 81,000 equivalent units for conversion here.
Inventory in process, June 30
There are 4,500 units in process on June 30, but they are only 10% complete in terms of conversion. This means we have 4,500 * 10% = 450 equivalent units for conversion.
Total Conversion Equivalent Units
Summing up all the above, we get a total of 3,300 + 81,000 + 450 = 84,750 equivalent units for conversion in the Winding Department.
In summary, for the Drawing Department in June:
Direct Materials Equivalent Units: 170,230
Conversion Equivalent Units: 85,960
For the Winding Department in June:
Direct Materials Equivalent Units: 165,750
Conversion Equivalent Units: 84,750
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