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Units transferred out totaled 17,000. Ending work in process
was 1,000 units that are 100% complete as to materials and 40%
complete as to conversion costs.
Instructions
(a) Compute the equivalent units of production for (1) materials
and (2) conversion costs for the month of April.
(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.