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Please help fill out the boxes below, i need this soon if possible, to study. Thank you! Rosenthal Company manufactures bowling balls through two processes:

Please help fill out the boxes below, i need this soon if possible, to study. Thank you!

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 2017 are presented below.

Production Data

June

Beginning work in process units 0
Units started into production 29,700
Ending work in process units 2,700
Percent completeending inventory 40 %

Cost Data

Materials $ 267,300
Labor 72,360
Overhead 152,280
Total $ 491,940

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

Transferred out

Work in process, June 30

Total units

eTextbook and Media

Determine the equivalent units of production for materials and conversion costs.

Materials

Conversion Costs

Total equivalent units

eTextbook and Media

Compute the unit costs of production. (Round unit costs to 2 decimal places, e.g. 2.25.)

Materials

Conversion Costs

Total Unit Cost

Unit Costs

$

$

$

eTextbook and Media

Determine the costs to be assigned to the units transferred and in process for June.

Transferred out

$

Work in process, June 30

$

eTextbook and Media

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

ROSENTHAL COMPANY Molding Department Production Cost Report For the Month Ended June 30, 2017

Equivalent Units

Quantities

Physical Units

Materials

Conversion Costs

Units to be accounted for

Work in process, June 1

Started into production

Total units

Units accounted for

Transferred out

Work in process, June 30

Total units

Costs

Materials

Conversion Costs

Total

Unit costs

Total Costs

$

$

$

Equivalent units

Unit costs

$

$

$

Costs to be accounted for

Work in process, June 1

$

Started into production

Total costs

$

Cost Reconciliation Schedule

Costs accounted for

Transferred out

$

Work in process, June 30

Materials

$

Conversion costs

Total costs

$

eTextbook and Media

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<. seoure l https: grades resenthal curpy manufacturesbwlng balls through two processes:molding and pockaging. in lhe moldig department urethane rubbe plastics other materials are molded into bowling balls. the packaging placed cartons sent to nished roods warchousc. all matorials arc onterod at bcginning of cach proress. labor ard manufacturing overhcad incurred uniformly throughout process. production cost data for malding durirg june presented belaw. beginning wwrk ir prccess units started cntling work process perrent complete rnding invrntory cast overhead total prepare a schedule showing physical he accauntrd slared inlo tullunils accounted transferred out lune tatal o lype hene search>

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