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managerial accounting Sunland Company manufactures bowling balls through two processes: Molding and Packaging In the Molding Department, the urethane, rubber, plastics, and other materials are
managerial accounting
Sunland 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 balks are placed in cartons and sent to the finished goods warehouse. All materials are added at the beginning of each process. Labor and manufacturing overthead are incurred uniformly throughout each process. Prodluction and cost data for the Molding Department during June 2022 are presented below. Prepare a schedule showing physical units of production. Determine the equivalent units of production for materials and conversion costs. eTextbook and Media Compute the unit costs of production. Workin process, June 30 Prepare a production cost report for the Molding Department for the month of June. SUNLAND COMPANY Molding Department Production Cost Report Quantities Physical Units Materials Units to be accounted for Work in process, June 1 Started into production Total units Units accounted for Units accounted for Completed and transferred out Costs Unit costs Total Costs Equivalent units Unit costs Cost Reconciliation Schedule Coststobe accounted for Workin process, June 1 Started into production Total costs Completed and transferred out Work in process, June 30 Materials Conversion costs Total costs Step by Step Solution
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