Question
Need help on trying to figure out the answers. Need help with Preparing a schedule showing physical units of production. Crane Company manufactures bowling balls
Need help on trying to figure out the answers. Need help with Preparing a schedule showing physical units of production.
Crane 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 2 6,400 Ending work in process units 2,400 Percent completeending inventory 40%
Cost Data
Materials $237,600 Labor 64,320 Overhead 135,360Total$437,280
Prepare a schedule showing physical units of production.
Physical units Units to be accounted forWork in process, June 1
Started into production
Total units
Units accounted for Transferred out
Work in process, June 30
Total units
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