ACC 560 Week 2 Quiz 1( Chapter 1)
bowling balls. In the Packaging Department, the balls are placed in cartons and sent to the finished goods warehouse. All materials are entered at the begin-ning of each process. Labor and manufacturing overhead are incurred uniformly through-out each process. Production and cost data for the Molding Department during June 2017 are presented below.
Instructions( a) Prepare a schedule showing physical units of production.
( b) Determine the equivalent units of production for materials and conversion costs.
( c) Compute the unit costs of production.( d) Transferred out 5340,000 WIP 24,400
( d) Determine the costs to be assigned to the units transferred out and in process for June.
( e) Prepare a production cost report for the Molding Department for the month of June.
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ACC 560 Week 2 Quiz 1( Chapter 1)
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ACC 560 Week 2 Quiz 1( Chapter 1) Question 1