2023 P3 2A Rosenthal Company manufactures bowling balls through two processes Molding and Packaging In the | Assignments Online
2023 P3 2A Rosenthal Company manufactures bowling balls through two processes Molding and Packaging In the | Assignments Online
Assignments Online 2023 Business Finance
P3-2A 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 2014 are presented below.
Production Data June
|
Beginning work in process units |
|
–0– |
|
Units started into production |
|
22,000 |
|
Ending work in process units |
|
2,000 |
|
Percent complete—ending inventory |
|
40% |
|
Cost Data
|
(c) Materials |
$9.00 |
Instructions (a) Prepare a schedule showing physical units of production. (b) Determine the equivalent units of production for materials and conversion costs. |
|
CC |
$8.00 |
(c) Compute the unit costs of production. |
|
(d) Transferred |
|
(d) Determine the costs to be assigned to the units transferred out and in process for June. |
|
out |
$340,000 |
(e) Prepare a production cost report for the Molding Department for the month of |
|
WIP |
$ 24,400 |
June. |
Assignmentsonline.org help students to solve their assignment in the best possible manner. In the assignment help industry, we are regarded as one of the best helpers for students’ tasks in all subjects. We provide solutions to students from all corners of the world, but the main focus is from students residing in the US, UK, and Australia. Our primary focus is solving student assignments for all subjects and streams.
Place Order NOw
Assignment online is a team of top-class experts whose only goal is to give you the best assignment help service. Follow the link below to order now...
#write essay #research paper
