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Problem 3-2A (Video) (Part Level Submission) Rosenthal Company manufactures bowling balls through two processes: Molding and Packaging. In the Molding Department, the urethane, rubber, plastics,
Problem 3-2A (Video) (Part Level Submission) 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 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 0 Beginning work in process units Units started into production Ending work in process units Percent complete-ending inventory 29,700 2,700 40 % Cost Data Materials Labor $267,300 72,360 152,280 $491,940 Overhead Total Prepare a production cost report for the Molding Department for the month of June. ROSENTHAL COMPANY Molding Department Production Cost Report For the Month Ended June 30, 2020 Equivalent Units Physical Units Conversion Costs Quantities Materials Units to be accounted for Work in process, June 1 Started into production Total units Units accounted for Transferred out Work in process, June 30 Costs Conversion Costs Materials Total Unit costs Total Costs $ $ Equivalent units Unit costs Costs to be accounted for Work in process, June 1 $ Started into production Total costs Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, June 30 Materials Conversion costs Total costs $ Click if you would like to Show Work for this question: Open Show Work
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