Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Finance & Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=411)
-   -   Is this on the right track (https://www.askmehelpdesk.com/showthread.php?t=519943)

  • Oct 24, 2010, 06:19 PM
    subeaner1
    Is this on the right track
    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 2008 are presented below.
    Production Data June
    Beginning work in process units -0-
    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

    Prepare a schedule showing physical units of production. (If answer is zero, please enter 0. Do not leave any fields blank.)
    Physical Units
    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
  • Oct 25, 2010, 06:52 AM
    pready

    What is the question? Have you even attempted to solve this problem, first?
  • Nov 14, 2010, 07:19 AM
    rehmanvohra
    I think you want someone to solve the problem for you. That is not done. You need to present your attempt to help you. It seems the question wants you to prepare a quantity schedule. The figures are given in the question and you just need to plug in the figures.

  • All times are GMT -7. The time now is 04:45 AM.