Question 5 Bramble 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. June 0 Production Data Beginning work in process units Units started into production Ending work in process units Percent complete-ending inventory 28,820 2,620 40 % Cost Data Materials Labor Overhead Total $259,380 70,216 147,768 $477,364 Your answer is correct. Prepare a schedule showing physical units of production. Physical units Units to be accounted for Work in process, June 1 T Started into production 28820 Total units 28820 Units accounted for Transferred out 26200 Work in process, June 30 2620 Total units I 28820 SHOW ANSWER Determine the equivalent units of production for materials and conversion costs. Materials Conversion Costs Total equivalent units 28820 27248 SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT Your answer is partially correct. Try again. Compute the unit costs of production. Materials Conversion Costs Total Unit Cost Unit Costs 8.32 17.32 LINK TO TEXT LINK TO TEXT x Your answer is incorrect. Try again. Determine the costs to be assigned to the units transferred out and in process for June. Transferred out 477364 Work in process, June 30 Your answer is partially correct. Try again. Prepare a production cost report for the Molding Department for the month of June. BRAMBLE COMPANY Molding Department Production Cost Report For the Month Ended June 30, 2020 Equivalent Units Physical Conversion Units Materials Costs Quantities Units to be accounted for Work in process, June 1 Started into production Total units Units accounted for Transferred out Work in process, June 30 Total units Materials Conversion Costs Total Costs Unit costs Total Costs || Equivalent units Unit costs si Costs to be accounted for Work in process, June 1 Started into production Total costs Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, June 30 X7 Materials Conversion costs Total costs