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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 2017 are presented below.
roduction Data Beginning work in units process Units started into 25,740 production Ending work in 2,340 process units Percent complete- 40% ending inventory st Data 231,660 Materials 62,712 Labor Overhead 131,976 otal 426,348 BYour answer is correct. Prepare a schedule showing physical units of production. hysica units Units to be accounted for Work in process, June 1 Started into production 25740 25740 Total units Units accounted for Transferred out 23400 Work in process, June 30 2340 25740 LINK TO TEXT LINK TO TEXT BYour answer is correct. Determine the equivalent units of production for materials and conversion costs. Conversion Costs aterials. Total equivalent units 25740 24336 LINK TO TEXT LINK TO TEXT Your answer is incorrect. Try again. Compute the unit costs of production (Round unit costs to 2 decimal places, e.g. 2.25.) aterials. onversion Costs otal Unit Cost 231 660 Unit Costs slStep by Step Solution
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