Question
Hi I need help Rosenthal Company manufactures bowling balls through two processes: Molding and Packaging. In the Molding Department, the urethane, rubber, plastics, and other
Hi I need help
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 beginning of each process. Labor and manufacturing overhead are incurred uniformly throughout each process. Production and cost data for the Molding Department during June 2014 are presented below.
I need help with finding transferred out and work in process june 30
June Production Data Beginning work in process units Units started into production Ending work in process units Percent complete-ending inventory 22.000 2,000 40% Cost Data Materials Labor Overhead Total $199,000 53.600 112,800 $364,400 Physical units Units to be accounted for Work in process, June 1 1 Started into production 22,000 22,000 Total units Units accounted for Transferred out 20,000 Work in process, June 307 Total units 2.000 22.000 Total equivalent units Materials 22,000 Conversion Costs 20,800 T Materials Conversion Costs Total Unit Cost Unit Costs x your answer is incorrect. Try again. Determine the costs to be assigned to the units transferred and in process for June Transferred out Work in process, June 30Step by Step Solution
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