Problem 16-2A 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 Beginning work in process units Units started into production Ending work in process units Percent complete-ending inventory June 0 24,420 2,220 40 % Cost Data Materials Labor Overhead Total $219,780 59,496 125,208 $404,484 ZYour answer has been saved and sent for grading. Prepare a schedule showing physical units of production. Physical units Units to be accounted for Work in process, June 1 0 Started into production 24420 Total units 24420 Units accounted for Transferred out Work in process, June 30 22200 2220 Total units 24420 LINK TO TEXT Your answer has been saved and sent for grading. Determine the equivalent units of production for materials and conversion costs. Materials Conversion Costs Total equivalent units 24420 23088 LINK TO TEXT ZYour answer has been saved and sent for grading. 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 LINK TO TEXT Your answer has been saved and sent for grading. Determine the costs to be assigned to the units transferred and in process for June. Transferred out Work in process, June 30 $ LINK TO TEXT ROSENTHAL COMPANY Molding Department Production Cost Report For the Month Ended June 30, 2017 Equivalent Units Conversion Materials Costs Physical Units Quantities Units to be accounted for Work in process, June 1 Started into production 0 Total units Units accounted for Transferred out Work in process, June 30 Total units Materials Conversion Costs Total Costs 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