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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
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) 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
Problem 16 02A a e(Video) (Part Level Submission) concord ve nished Concord Company manufactures bowling balls through two processes: Mold ng and Packaging. In the Molding Department, the urethane, rubber, plastics, and other materlals 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 beginning of each process. Labor and manufacturing overheed are incurred uniformly thrcughout each process. Production and cost data for the Moldng Department during June 2020 are presented below d goods wat during Jurne Paced Production Dala June Beginning work in process units Uriits started into proxductio Ending wprk in process units Percent compete-ending inventory 25,090 2,280 40 % Cost Ddla Materials Labio Overhead $225,720 61,104 128,592 Total 415,416Step by Step Solution
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