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Question 4 Kasten Company manufactures bowling balls through two processes: moulding and packaging. In the moulding department, urethane, rubber, plastic, and other materials are moulded
Question 4 Kasten Company manufactures bowling balls through two processes: moulding and packaging. In the moulding department, urethane, rubber, plastic, and other materials are moulded 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. Labour and manufacturing overhead are incurred uniformly throughout each process. Production and cost data for the moulding department during June 2020 are presented below: June 21,900 2,100 35% Production Data Beginning work in process units Units started into production Ending work in process units Percent complete-ending inventory Cost Data Materials Labour Overhead Total $203,670 60,050 108,337 $372,057 (d) Determine the costs to be assigned to the units transferred out and in process for June. Costs accounted for Transferred out Work in process, June 30 Materials Conversion costs Total costs
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