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-/11 Rosenthal Company manufactures bowling balls through two processes: Molding and Packaging. In the Molding Department, the urethane, rubber, plastics, and other materials are molded
-/11 Rosenthal 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 balis. 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 24,860 Ending work in process units 2.260 Percent complete-ending inventory 40 % Cost Data Materials Labor Overhead Total $223.740 60.568 127,464 $411,772 Prepare a schedule showing physical units of production, 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 e Textbook and Media Determine the equivalent units of production for materials and conversion costs Materials Conversion Costs Total equivalent units Textbook and Media Compute the unit costs of production Materials Conversion Costs Total Unit Cost Unikt Costs Textbook and Media Determine the cost to the traded out and cestor Transferred out Work in proceso e Textbook and Media INI Prepare a production cost report for the Molding Department for the month of June. ROSENTHAL COMPANY Molding Department Production Cost Report For the Month Ended June 30, 2020 Equivalent Units Conversion Materials Costs Physical Units Quantities Units to be accounted for Work in process, June Started into production Total units Units accounted for Transferred out Work in process, June 30 Total units Conversion Costs Materials Tot Costs Unit costs Total Costs Equivalent Unit costs Costs to be -111 HII Costs Unit costs Materials Conversion Costs Total Costs Tota Equivalent units Unit costs 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 Materials $ Conversion costs Total costs e Textbook and Media
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