Rosenthal Company manufactures bowling balls through two processes: Molding and Packaging. In the Molding Department, the...
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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 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 Units started into production 23,100 Ending work in process units 2,100 Percent complete-ending inventory 40 % Cost Data Materials $207,900 Labor 56,280 Overhead 118,440 Total $382,620 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 June Beginning work in process units Units started into production 23,100 Ending work in process units 2,100 Percent complete-ending inventory 40 % Cost Data Materials $207,900 Labor 56,280 Overhead 118,440 Total $382,620
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