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Piscataway Plastics Company manufactures a highly specialized plastic that is used extensively in the automobile industry. The following data have been compled for the month
Piscataway Plastics Company manufactures a highly specialized plastic that is used extensively in the automobile industry. The following data have been compled for the month of June. Conversion actlvity occurs unlformly throughout the production process. Work in process, June units: Direct material: complete, cost of $ Conversion: complete, cost of Balance in work in process, June Units started during June Units completed during June and transferred out finishedgoods inventory Work process, June : Direct material: complete Conversion: complete Costs incurred during June: Direct material $ Conversion costs: Direct labor Applied manufacturing overhead Total conversion costs $ $ Required: Prepare schedules to accomplish each of the following processcosting steps for the month of June. Use the weightedaverage method of process costing. Analysis of physical flow of units. Calculation of equivalent units. Computation of unit costs. Analysis of total costs. Complete this question by entering your answers in the tabs below. Analysis of physical flow of units.
Piscataway Plastics Company manufactures a highly specialized plastic that is used extensively in the automobile industry. The
following data have been compled for the month of June. Conversion actlvity occurs unlformly throughout the production process.
Work in process, June units:
Direct material: complete, cost of $
Conversion: complete, cost of
Balance in work in process, June
Units started during June
Units completed during June and transferred out finishedgoods inventory
Work process, June :
Direct material: complete
Conversion: complete
Costs incurred during June:
Direct material
$
Conversion costs:
Direct labor
Applied manufacturing overhead
Total conversion costs
$
$
Required:
Prepare schedules to accomplish each of the following processcosting steps for the month of June. Use the weightedaverage
method of process costing.
Analysis of physical flow of units.
Calculation of equivalent units.
Computation of unit costs.
Analysis of total costs.
Complete this question by entering your answers in the tabs below.
Analysis of physical flow of units.
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