Waterway 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. Production Data June Beginning work in process units 0 Units started into production 27,720 Ending work in process units 2,520 Percent complete—ending inventory 40 % Cost Data Materials $249,480 Labor 67,536 Overhead 142,128 Total $459,144

(a) unit accounted for transferred out $25,200 (b) Equivalent unit of production, Materials $27,720, conversion cost $26,208, (c) unit cost of production Unit materials cost $9, Unit conversion cost $8

Explanation:

No specific question was asked, I think the question to be asked are the following

Cost Data

$

Materials. 249,480

Labour. 67,536

Overhead. 142,128

Total. 459,144

To prepare a schedule showing physical unit of production

$

Beginning work in process June 1. 0

Unit started into production. 27,720

Total. 27,720

Less: Ending work in process unit. 2,520

Unit accounted for transferred out. 25,200

To determine the equivalent unit of production

Materials. Conversion cost

$ $

Transferred out. 25,200. 25,200

Work in process( 2,520 × 100%) 2,520

(2,520 × 40%) 1,008

Total. 27,720. 26,208

To compute the unit cost of Production

Unit materials cost = Total materials cost / Equivalent cost

= 249,480/ 27,720

= $9

Unit conversion cost = Labour + Overhead / Equivalent cost

67,536 + 142,128

= 209,664 / 26,208

= $8