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Question 6 Kasten Company manufactures bowling balls through two processes: moulding and packaging. In the moulding department, urethane, rubber, plastic, and other materials are moulded
Question 6 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 depar 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 0 21,800 1,500 Production Data Beginning work in process units Units started into production Ending work in process units Percent complete-ending Inventory Cost Data . Materials Lab Labour 35% $ 194,020 60,440 101,995 $356,455 Overhead Total (a) Your answer is correct. Prepare a schedule showing physical units of production. Units to be accounted for M Work in process, June 1 0 Started into production 218001 Total units 21800 Units accounted for Transferred out 20300 Work in process, June 30 1500 Total units 21800 Physical Units Materials Conversion Costs Total Quantities 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 Total units Costs Unit costs Costs in June $ $ 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
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