Riverside Company manufactures two sizes of T-shirts, medium and large. Both sizes go through cutting, assembling and finishing departments. The company uses operation costing.

Riverside Company's conversion costs applied to products for the month of June were: Cutting Department $60,000, Assembling Department $60,000, and Finishing Department $30,000. June had no beginning or ending work-in-process inventory.

The quantities and direct materials costs for June follow:

	Job No.	Size	Quantity	Direct Materials
	601	Medium	10,000	$	50,000
	602	Large	20,000		110,000

Each T-shirt, regardless of size, required the same cutting, assembling and finishing operations.

Required:

(1) Compute both unit cost and total cost for each shirt size produced in June. (2) Prepare journal entries to record direct materials and conversion costs incurred in the three departments, and the finished goods costs for both shirt sizes.