P3-2A Rosenthal company manufactures bowling balls through twoprocesses: Molding and Packaging. In the Molding Department, theurethane, rubber, plastics, and other materials are molded intobowling balls. In the Packaging Department, the balls are placed incartons and sent to the finished goods warehouse. All materials areentered at the beginning of each process. Labor and manufacturingoverhead are incurred uniformly throughtout each process.Production and cost data for the Molding Department during June2017 are presented below.
Production Data June
Beginning work in process units 0
Units started into production 22,000
Ending work in process units 2,000
Percent complete-ending inventory 40%
Cost Data
Materials 198,000
Labor 53,600
Overhead 112,800
Total 364,400
Instructions
a) Prepare a schedule showing physical units of production
b) Determine the equivalent units of production for materialsand conversion costs
c) Compute the unit costs of production
d) Determine the costs to be assigned to the units transferredout and in process for June
e) Prepare a production cost report for the Molding Departmentfor the month of June
“Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!”
What Students Are Saying About Us
.......... Customer ID: 12*** | Rating: ⭐⭐⭐⭐⭐"Honestly, I was afraid to send my paper to you, but splendidwritings.com proved they are a trustworthy service. My essay was done in less than a day, and I received a brilliant piece. I didn’t even believe it was my essay at first 🙂 Great job, thank you!"
.......... Customer ID: 14***| Rating: ⭐⭐⭐⭐⭐
"The company has some nice prices and good content. I ordered a term paper here and got a very good one. I'll keep ordering from this website."
