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P212A (LO 3, 4), Rosenthal Company manufactures bowling balls through two processesMolding and Packaging. In the Molding Department, the urethano, rubber plastics, and other materials

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P212A (LO 3, 4), Rosenthal Company manufactures bowling balls through two processesMolding and Packaging. In the Molding Department, the urethano, 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 matenals 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 Complete four steps necessary to prepare a production cost report Production Data June Beginning work in process units Units started into production 22,000 Ending work in process units 2,000 Porcent completo-onding inventory 40% Cost Data Materals $198.000 Labor 53,600 Overhead 112,800 Total $384.400 Instructions a. Prepare a schedule showing physical units of production b. Determine the equivalent units of production for materials and conversion costs. c. Compute the unit costs of production Materials $9.00 CC $8.00 d. Determine the costs to be assigned to the units transferred out and in process for June Instructions a. Prepare a schedule showing physical units of production b. Determine the equivalent units of production for materials and conversion costs. c. Computo the unit costs of production Materials $9.00 CC $8.00 d. Determine the costs to be assigned to the units transferred out and in process for June Transferred out $340,000 WIP $ 24,400 0. Prepare a production cost report for the Molding Department for the month of June

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