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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
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 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 Beginning work in process units June 0 hits started into production 30,360 Ending work in process units 2,760 Percent complete-ending inventory 40 % Cost Data Materials $273,240 Labor 73,968 Overhead 155,664 Total $502,872 Prepare a schedule showing physical units of production. Physical units Units to be accounted for Work in process, June 1 Prepare a schedule showing physical units of production. Physical units Units to be accounted for Work in process, June 1 Started into production Total units its accounted for Transferred out Work in process, June 30 Total units eTextbook and Media Question Part Score Determine the equivalent units of production for materials and conversion costs. Materials Total equivalent units eTextbook and Media Question Part Score Conversion Costs Question Part Score Compute the unit costs of production Materials Conversion Costs Total Unit Cost Unit Costs $ eTextbook and Media Question Part Score Determine the costs to be assigned to the units transferred out and in process for June Transferred out Work in process, June 30 $ eTextbook and Media Question Part Score Prepare a production cost report for the Molding Department for the month of June ROSENTHAL COMPANY Molding Departm Production Cost Report For the Moath Ended June 30, 2020 Equivalent Units tities Physical Units Materials is to be accounted for Work in process, June Conversion Costs -10.5 -10.5 -105 ROSENTHAL COMPANY Molding Department Production Cost Repert For the Mouth Ended June 30, 2020 Equivalent Units Physical Quantities Units Materials Units to be accounted for Workin process, June 1 Started into production its ted for ferred Workin process June 30 Total units Cash Unit costs Total Costs Conversion Costs Conversion Materials Cists Total C 30 on 2 of 5 Tal Cobe unted for prosess June Started in Producion Seations Cat Reconation Schedule Cit Kfor Tran education ey Conversion Cants -125 Prepare a schedule showing physical units of production. Physical units Units to be accounted for Work in process, June 1 Started into production Total units its accounted for Transferred out Work in process, June 30 Total units eTextbook and Media Question Part Score Determine the equivalent units of production for materials and conversion costs. Materials Total equivalent units eTextbook and Media Question Part Score Conversion Costs Question Part Score Compute the unit costs of production. Materials Conversion Costs Total Unit Cost Unit Costs $ eTextbook and Media Question Part Score Determine the costs to be assigned to the units transferred out and in process for June Transferred out $ Work in process June 30 $ eTextbook and Media Question Part Score Prepare a production cost report for the Molding Department for the month of June. ROSENTHAL COMPANY Molding Department Production Cost Report For the Month Eaded June 30, 2020 Equivalent Units ities Physical Units Materials Units to be accounted for Work in process une Conversion Costs -105 -10.5 Quantities Units to be accounted for Work in process, June 1 Started into production its st its ted for nsferred Work in process, June 30 Total units Costs Unit costs Total Costs Physical Units ROSENTHAL COMPANY Molding Department Production Cost Report For the Month Ended June 30, 2020 Equivalent Units Materials Conversion Costs Conversion Materials Costs Total Quantities Units to be accounted for Work in process, June 1 Started into production its at its ted for nsferred Work in process, June 30 Total units. Costs nit costs otal Costs ROSENTHAL COMPANY Molding Department Production Cost Report For the Month Ended June 30, 2020 Equivalent Units Physical Units Materials Conversion Costs Conversion Materials Costs Total
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