Managerial Accounting: P21-1A Kasten Company manufactures bowling balls

Managerial Accounting 
P21-1A 
Kasten 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 2010 are presented below. 
Production Data June 
Beginning work in process units - 
Units started into production 20,000 
Ending work in process units 2,000 
Percent complete-ending inventory 60% 

Cost Data 
Materials 198,000 
Labor 50,400 
Overhead 112,800 
Total 361,200 

Requirements: 
a. Prepare a schedule showing physical units of production. (If answer is zero, please enter 0. Do not leave any fields blank.) 
b. Determine the equivalent units of production for materials and conversion costs. 
c. Compute the unit costs of production. 
d. Determine the costs to be assigned to the units transferred and in process for June. 
e. Complete the production cost report for the Molding Department for the month of June. (If answer is zero, please enter 0. Do not leave any fields blank.)
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