Question

Question 3 of 3 < > 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. Production Data June Beginning work in process units 0 Units started into production 22.220 Ending work in process units Percent complete-ending inventory 40 % 2.020 Cost Data Materials Labor Overhead Total $199.980 54.136 113,928 $368,044 Prepare a schedule showing physical units of production Physical units Units to be accounted for Work in process, June 1 Started into production MacBook Air D * SO 889 74 & : F3 @ # $ 4 & 7 ( 9 8 0 6 2 3 5 T Y U 0 R Р W E H G J к F S L D

Answer 1

Physical units
Units to be accounted for
Work in process,June 1				0
Started into production				22,220
total units				22,220
units accounted for
transferred out				20,200
Work in process<june 30				2,020
Total units				22,220
			Materials	CC
total Equivalent units			22,220	21008
			Materials	CC	Total
units cost of production			9.00	8.00	17.00
Transferred out				343400
Work in process june 30				24644
Production Cost Report
			physical	Materials	CC
Quantities			units
units to be accounted for
work in process ,june 1			0
Started into production			22,220
total units			22220
units accounted for
Transferred out			20,200	20,200	20,200
Work in process,june 30			2,020	2,020	808
total units			22220	22220	21,008
Costs				Materials	CC	total
unit costs
total costs				199,980	168064	368,044
Equivalent units				22220	21,008
unit costs				9	8	17
Costs to be accounted for
work in process <june 1						0
Started into production						368,044
total costs						368044
Cost Reconcilation Schedule
costs accounted for
Transferred out						343400
Work in process,jue 30
Materials					18180
CC					6464	24644
total costs						368044