Question

Points 100 Submitting an external tool Available Sep 14 at 12am - Oct 10 at 11:59pm 27 days S Weygandt, Managerial Accounting, Fifth Canadian Edition Help System Announcements PRINTER VERSION BLACK NEXT 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 department, 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: Production Data Beginning work in process units Units started into production Ending work in process units Percent complete-ending inventory Cost Data Materials Labour Overhead Total June 0 21,800 1,500 35% $194,020 60,440 101,995 $356,455 Next 06) ENG 12:54 PM 2020-09-25

Answer 1

Compeetation qo Equivalent units of production por materials and conversion costs Particulars Materials Conversion costs 20,300 20,300 Units trans fared out (21,800 - 1500) 1 500 525 Ending work in process Con = 1500 x 300/. 21,800 20,825 Total Equivalent eenits Calculation of cenits cost of Production. Particulars Amount & Materials $ 8.90 194020 218000 Conversion costs 60,440+101995 20825 $ 7.80 Total unit cost $ 16.70