Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac

Exercise 43

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:

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.