Question
Bramble Company manufactures bowling balls through two processes: Molding and Packaging. In the Molding Department, the urethane, rubber, plastics, and other materials are molded into
Bramble 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 beginning of each process. Labor and manufacturing overhead are incurred uniformly throughout each process. Production and cost data for the Molding Department during June 2020 are presented below.
Production Data | June | ||
---|---|---|---|
Beginning work in process units | 0 | ||
Units started into production | 28,820 | ||
Ending work in process units | 2,620 | ||
Percent completeending inventory | 40 | % |
Cost Data | ||
Materials | $ 259,380 | |
Labor | 70,216 | |
Overhead | 147,768 | |
Total | $ 477,364 |
Prepare a production cost report for the Molding Department for the month of June.
BRAMBLE COMPANY Molding Department Production Cost Report For the Month Ended June 30, 2020 | ||||||||
---|---|---|---|---|---|---|---|---|
Equivalent Units | ||||||||
Quantities | Physical Units | Materials | Conversion Costs | |||||
Units to be accounted for | ||||||||
Work in process, June 1 | enter a number of units | |||||||
Started into production | enter a number of units | |||||||
Total units | enter a total number of units | |||||||
Units accounted for | ||||||||
Transferred out | enter a number of units | enter a number of units | enter a number of units | |||||
Work in process, June 30 | enter a number of units | enter a number of units | enter a number of units | |||||
Total units | enter a total number of units | enter a total number of units | enter a total number of units | |||||
Costs | Materials | Conversion Costs | Total | |||||
Unit costs | ||||||||
Total Costs | $ enter a dollar amount | $ enter a dollar amount | $ enter a dollar amount | |||||
Equivalent units | enter a number of units | enter a number of units | ||||||
Unit costs | $ enter a dollar amount | $ enter a dollar amount | $ enter a dollar amount | |||||
Costs to be accounted for | ||||||||
Work in process, June 1 | $ enter a dollar amount | |||||||
Started into production | enter a dollar amount | |||||||
Total costs | $ enter a total of the two previous amounts | |||||||
Cost Reconciliation Schedule | ||||||||
Costs accounted for | ||||||||
Transferred out | $ enter a dollar amount | |||||||
Work in process, June 30 | ||||||||
Materials | $ enter a dollar amount | |||||||
Conversion costs | enter a dollar amount | enter a subtotal of the two previous amounts | ||||||
Total costs | $ enter a total amount |
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