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Problem 21-2A a-e (Part Level Submission) (Video) Bramble Company manufactures bowling balls through two processes: Molding and Packaging. In the Molding Department, the urethane, rubber,
Problem 21-2A a-e (Part Level Submission) (Video) Bramble 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 28,820 Ending work in process units 2,620 Percent complete-ending inventory 40 % Cost Data Materials Labor Overhead Total $259,380 70,216 147,768 $477,364 (a) Your answer is correct. Prepare a schedule showing physical units of production. Physical units Units to be accounted for Work in process, June 1 0 Started into production 28,820 Total units 28,820 Units accounted for Transferred out 26,200 Work in process, June 30 2,620 Total units 28,820 (b) Your answer is correct. Determine the equivalent units of production for materials and conversion costs. Materials Conversion Costs Total equivalent units 28,820 27,248 SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT Attempts: 1 of 3 used (c) Your answer is correct. Compute the unit costs of production. Materials Conversion Costs Total Unit Cost Unit Costs 9 8 17 (d) Your answer is partially correct. Try again. Determine the costs to be assigned to the units transferred out and in process for June. Transferred out 445,400 Work in process, June 30 470,028
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