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(b) Compute the unit costs for the month.
(c) Determine the costs to be assigned to the units transferred out and
in ending work in process.
P3-2A
Rosenthal Company manufactures bowling balls through two
processes: Molding and Packaging. In the Molding Department, the
urethane, rubber, plastics, and other materials are molded into
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)