Chapter 6, Problem 37P

1.

To determine

Prepare production report for molding department.

1. a. A physical flow schedule
2. b. Equivalent unit calculation
3. c. Calculate unit cost
4. d. Cost of ending work in process and cost of goods transferred
5. e. A cost reconciliation

2.

To determine

Prepare journal entries to record the flow of manufacturing costs for the molding department, if materials are added at the beginning of the process.

3.

To determine

Prepare production report for assembly department, and prepare journal entry to record manufacturing costs.

1. a. A physical flow schedule
2. b. Equivalent unit calculation
3. c. Calculate unit cost
4. d. Cost of ending work in process and cost of goods transferred
5. e. A cost reconciliation