a | |||||
1 | |||||
Physical units | |||||
Units to be accounted for | |||||
Work in process, June 1 | 0 | ||||
Started into production | 25960 | ||||
Total units | 25960 | ||||
Units accounted for | |||||
Transferred out | 23600 | ||||
Work in process, June 30 | 2360 | ||||
Total units | 25960 | ||||
2 | |||||
Materials | Conversion Costs | ||||
Equivalent units | 25960 | 24544 | |||
3 | |||||
Materials | Conversion Costs | Total unit cost | |||
Unit costs | 9.00 | 8.00 | 17.00 | ||
4 | |||||
Transferred out | 401200 | ||||
Work in process, June 30 | 28792 | ||||
b | |||||
ROSENTHAL COMPANY | |||||
Molding Department | |||||
Production Cost Report | |||||
For the Month Ended June 30, 2020 | |||||
Equivalent Units | |||||
Physical Units | Materials | Conversion Costs | |||
Units to be accounted for | |||||
Work in process, June 1 | 0 | ||||
Started into production | 25960 | ||||
Total units | 25960 | ||||
Units accounted for | |||||
Transferred out | 23600 | 23600 | 23600 | ||
Work in process, June 30 | 2360 | 2360 | 944 | ||
Total units | 25960 | 25960 | 24544 | ||
Costs | Materials | Conversion Costs | Total | ||
Unit costs: | |||||
Total costs | 233640 | 196352 | 429992 | ||
Equivalent units | 25960 | 24544 | |||
Unit costs | 9.00 | 8.00 | 17.00 | ||
Costs to be accounted for | |||||
Work in process, June 1 | 0 | ||||
Started into production | 429992 | ||||
Total costs | 429992 | ||||
Cost Reconciliation Schedule | |||||
Costs accounted for | |||||
Transferred out | 401200 | =23600*17 | |||
Work in process, June 30 | |||||
Materials | 21240 | =2360*9 | |||
Conversion costs | 7552 | 28792 | =944*8 | ||
Total costs | 429992 |
Rosenthal Company manufactures bowling balls through two processes: Molding and Packaging. In the Molding Department, the...
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...
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...
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...
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...
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...
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 Producti Beginning...
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...
Crane 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. June 0...
Problem 3-2A (Video) (Part Level Submission) 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 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 0 Beginning work...
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. June 0...