Cullumber 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 added 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 2022 are presented below. June 0 Production Data Beginning work in process units Units started into production Ending work in process units Percent complete as to conversion-ending inventory 28.160 2,560 40% Cost Data Direct materials used in June $253.440 Direct labor incurred in June 68,608 Manufacturing overhead assigned in June 144.384 Total $466,432 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 Completed and transferred out Work in process, June 30 Total units Determine the equivalent units of production for materials and conversion costs. Materials Conversion Costs Total equivalent units e Textbook and Media Compute the unit costs of production Materials Conversion Costs Total Unit Cost Unit Costs $ e Textbook and Media e Textbook and Media Determine the costs to be assigned to the units completed and transferred out and to work in process for June. Transferred out $ Work in process, June 30 $ e Textbook and Media Prepare a production cost report for the Molding Department for the month of June. CULLUMBER COMPANY Molding Department Production Cost Report Equivalent Units Conversion Costs Physical Units Quantities Materials Units to be accounted for Work in process, June 1 Started into production Total units Costs Materials Conversion Costs Unit costs Total Costs 5 Equivalent units Unit costs $ Cost Reconciliation Schedule Costs to be accounted for Work in process. June