Make a schedule showing physical units of production

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Reference no: EM132647572

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 2020 are presented below.

Beginning work in process units 0

Units started into production   28,160

Ending work in process units     2,560

Percent complete-ending inventory 40%

Cost Data

Materials        $253,440

Labor              68,608

Overhead          144,384

Total              $466,432

Problem 1: Prepare a schedule showing physical units of production.

Problem 2: Determine the equivalent units of production for materials and conversion costs.

Problem 3: Compute the unit costs of production.

Reference no: EM132647572

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