Ivanhoe Company manufactures bowling balls through two processes: moulding and packaging. In the moulding department, urethane, rubber, plastic, and other materials are moulded 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. Labour and manufacturing overhead are incurred uniformly throughout each process. Production and cost data for the moulding department during June 2022 are presented below: Production Data Beginning work in process inventory units Units started into production June 0 22,300 Ending work in process inventory units 1,500 Percent complete as to conversion-ending inventory 40% Cost Data Direct materials Direct labour $202,930 60,420 119,340 $382,690 Manufacturing overhead Total Your answer is correct. Prepare a schedule showing physical units of production. Units to be accounted for Work in process inventory, June 1 Started into production 22300 Total units to be accounted for 22300 Units accounted for Completed and transferred out 20800 Work in process inventory, June 30 1500 Total units accounted for eTextbook and Media 22300 Your answer is correct. Determine the equivalent units of production for materials and conversion costs. Direct Materials Units completed and transferred out 20800 Work in process inventory, June 30 Total equivalent units eTextbook and Media 1500 Conversion Costs 20800 600 22300 21400 Attempts: 1 of 3 used Your answer is correct. Calculate the unit production costs. (Round answer to 2 decimal places, e.g. 15.25.) (d) Unit Costs Direct materials $ Conversion costs 9.1 8.4 Total unit cost $ 17.5 eTextbook and Media Attempts: 1 of 3 used (d) Your answer is correct. Determine the costs to be assigned to the units completed and transferred out and to work in process for June. Costs accounted for Completed and transferred out Work in process inventory, June 30 Direct materials Conversion costs Total costs accounted for eTextbook and Media 13650 $ 364000 5040 18690 382690 Attempts: 1 of 3 used Prepare a production cost report for the moulding department for the month of June. (Round unit cost to 2 decimal places, e.g. 15.25.) ted for IVANHOE COMPANY Moulding Department Production Cost Report June 30, 2022 Equivalent Units of Production Physical Units Direct Materials Conversion Costs Total 0 22300 22300 20800 20800 20800 1500 1500 600 r 22300 22300 ited for $ + +A $ +A $ 21400 +A $ +A +A +A