. Zuheina Manufacturing Company manufactures bowling balls through two processes: Moulding and Packaging. All Materials are...
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. Zuheina Manufacturing Company manufactures bowling balls through two processes: Moulding and Packaging. All Materials are entered at the beginning of each process. Labor and overhead are incurred uniformly throughout each process. Production and cost data for the Moulding department during June 2013 are presented below. Production Data Beginning work in process units Units started into production Ending work in progress units Percent complete-ending inventory Cost data Materials Labor Overheads June 4,000 20 000 2000 10% S 3 98 000 60 400 6 12 800 Instructions: You are required to calculate the following: a) The Physical units of production. b) The equivalent units of production for materials and conversion. c) The unit cost of production for materials and conversion costs. . Zuheina Manufacturing Company manufactures bowling balls through two processes: Moulding and Packaging. All Materials are entered at the beginning of each process. Labor and overhead are incurred uniformly throughout each process. Production and cost data for the Moulding department during June 2013 are presented below. Production Data Beginning work in process units Units started into production Ending work in progress units Percent complete-ending inventory Cost data Materials Labor Overheads June 4,000 20 000 2000 10% S 3 98 000 60 400 6 12 800 Instructions: You are required to calculate the following: a) The Physical units of production. b) The equivalent units of production for materials and conversion. c) The unit cost of production for materials and conversion costs.
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Related Book For
Accounting Tools for business decision making
ISBN: 978-0470095461
4th Edition
Authors: kimmel, weygandt, kieso
Posted Date:
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