Complete four steps necess prepare a production cost P21.2A (LO 3, 4) 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 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 22,000 Ending work in process units 2,000 Percent complete-ending inventory 40% Cost Data Materials $198,000 Labor 53,600 Overhead 112,800 Total $364,400 Instructions a. Prepare a schedule showing physical units of production b. Determine the equivalent units of production for materials and conversion costs. e. Compute the unit costs of production. d. Determine the costs to be assigned to the units transferred out and in process for June. e. Prepare a production cost report for the Molding Department for the month of June. P21.3A (LO 3, 4) Thakin Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making a product are as follows. Cutting Department Production Data-July T12-Tables Work in process units, July 1 -0- Units started into production 20,000 Work in process units, July 31 3.000 Work in process percent complete $9.0 $8.0 c. Materials CC d. Transferred out WIP $340 $ 24 Complete four steps necess prepare a production cost 60