Question

1. Equivalent Units of Production: Weighted average 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	2,200 units, 50% completed	700 units, 20% completed
   Completed and transferred to next     processing department during July	34,700 units	34,300 units
   Work in process, July 31	1,700 units, 65% completed	1,100 units, 35% completed

   Each department uses the Weighted average method. For each department, assume that direct materials are placed in process during production.

   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.

   Whole units	units
   Equivalent units of production	units

   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.

   Whole units	units
   Equivalent units of production	units

Answer 1

	Drawing Department
Whole unit [ Completed and transferred + Work in process, July 31 = 34700 + 1700 ]	36400	units
Equivalent units of production [ Completed and transferred + ( Work in process, July 31 * % Completion = 34700 + ( 1700 * 65% ) ]	35805	units
	Winding Department
Whole unit [ Completed and transferred + Work in process, July 31 = 34300 + 1100 ]	35400	units
Equivalent units of production [ Completed and transferred + ( Work in process, July 31 * % Completion = 34300 + ( 1100 * 35% ) ]	34685	units