Piscataway Plastics Company manufactures a highly specialized plastic that is used extensively in the automobile industry. The
following data have been complled for the month of June. Conversion actlvity occurs unlformly throughout the production process.
Work in process, June units:
Direct material: complete, cost of $
Conversion: complete, cost of
Balance in work in process, June
Units started during June
Units completed during June and transferred out to finishedgoods inventory
Work in process, June :
Direct material: complete
Conversion: complete
Costs incurred during June:
Direct material
Conversion costs:
Direct labor
Applied manufacturing overhead
Total conversion costs
$theta
Total conversion costs
$
Required:
Prepare schedules to accomplish each of the following processcosting steps for the month of June. Use the welghtedaverage
method of process costing.
Analysis of physical flow of units.
Calculation of equivalent units.
Computation of unit costs.
Analysis of total costs.
Complete this question by entering your answers in the tabs below.
Computation of unit costs. Round "Cost per equivalent unit" to decimal places.