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Cullumber Company manufactures bowling balls through two processes: Molding and Packaging. In the Molding Department, the urethane, rubber, plastics, and other materials are molded
Cullumber 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 added 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 2022 are presented below. Production Data Beginning work in process units Units started into production Ending work in process units Percent complete as to conversion-ending inventory Cost Data Direct materials used in June Direct labor incurred in June Manufacturing overhead assigned in June Total $166,320 45,024 94,752 $306.096 June 0 18,480 1,680 40% Prepare a schedule showing physical units of production. Physical units Units to be accounted for Work in process, June 1 Started into production Total units 18480 18480 Units accounted for Completed and transferred out 16800 Work in process, June 30 1680 Total units 18480 Determine the equivalent units of production for materials and conversion costs. Materials Conversion Costs Total equivalent units 18480 17472 eTextbook and Media (c) Compute the unit costs of production. Materials Unit Costs $ Conversion Costs Total Unit Cost Attempts: 1 of 5
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