(e) Prepare a production cost report for the Molding Department for the month of June.

Coronado 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. June 0 Production Data Beginning work in process units Units started into production Ending work in process units Percent complete-ending inventory 28,160 2,560 40 % Cost Data Materials $253,440 Labor 68,608 Overhead 144,384 Total $466.432 (a) Your answer is correct. Prepare a schedule showing physical units of production Physical units Units to be accounted for Work in process, June 1 0 Started into production 28160 Total units 28160 Units accounted for Transferred out 25600 Work in process, June 30 2560 Total units 28160 eTextbook and Media Attempts: 1 of 3 used (b) Your answer is correct. Determine the equivalent units of production for materials and conversion costs. Materials Conversion Costs Total equivalent units 28160 26624 (c) Your answer is correct. Compute the unit costs of production. Materials Conversion Costs Total Unit Cost Unit Costs $ 9 $ 8 $ eTextbook and Media Attempts: 1 of 3 used (d) Your answer is correct Determine the costs to be assigned to the units transferred out and in process for June Transferred out 435200 Work in process, June 30 $ 31232 (e) Prepare a production cost report for the Molding Department for the month of June. CORONADO COMPANY Molding Department Production Cost Report For the Month Ended June 30, 2020 Equivalent Units Physical Conversion Costs Units Materials Quantities Units to be accounted for Work in process, June 1 0 Started into production 28,160 Total units 28,160 Units accounted for Transferred out 25600 25600 25600 Work in process, June 30 2560 2560 1024 Total units 28160 28160 26624 Conversion Costs Costs Materials Unit costs Total Costs $ $ 253440 $ 8 $ Equivalent units 28160 26624 Unit costs $ 9 $ 8 $ Transferred 25600 25600 25600 out Work in process, June 30 2560 2560 1024 Total units 28160 28160 26624 Conversion Costs Costs Materials Unit costs Total Costs $ 253440 $ 8 8 $ Equivalent units 28160 26624 Unit costs $ $ 9 $ 8 $ Costs to be accounted for Workin process, June 1 $ Started into production Total costs $ Cost Reconciliation Schedule Costs accounted for Transferred $ out Work in process, June 30 Materials $ Conversion costs Totalcach