Problem 21-2A Production Data June Cost Data LINK TO TEXT LINK TO TEXT Materials

Question

Problem 21-2A

Production Data

June

Cost Data

LINK TO TEXT

LINK TO TEXT

Materials

Conversion Costs

LINK TO TEXT

LINK TO TEXT

Materials

Conversion Costs

Total Unit Cost

LINK TO TEXT

LINK TO TEXT

LINK TO TEXT

LINK TO TEXT

ROSENTHAL COMPANY
Molding Department
Production Cost Report
For the Month Ended June 30, 2017

Equivalent Units

Quantities

Physical
Units

Materials

Conversion
Costs

Costs

Materials

Conversion
Costs

Total

Cost Reconciliation Schedule

Problem 21-2A

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 2017 are presented below.

Production Data

June

Beginning work in process units 0 Units started into production 24,860 Ending work in process units 2,260 Percent complete—ending inventory 40 %

Cost Data

Materials $223,740 Labor 60,568 Overhead 127,464     Total $411,772

Explanation / Answer

Physical units Units to be accounted for Work in process,June 1 0 Started into production 24,860 total units 24,860 units accounted for transferred out 22,600 Work in process

Related Questions

Navigate

• Browse (All)
• Browse P
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.