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 0 Units started into production 22,660 Ending work in process units 2,060 Percent complete-ending inventory 40 % June Cost Data Materials Labor Overhead Total $203.940 55,208 116,184 $375,332 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 Determine the equivalent units of production for materials and conversion costs. Materials Conversion Costs Total equivalent units e Textbook and Media Compute the unit costs of production. (Round unit costs to 2 decimal places, eg. 2.25.) Materials Conversion Costs Unit Costs $ $ Total Unit Cost $ e Textbook and Media Determine the costs to be assigned to the units transferred and in process for June. Transferred out Work in process, June 30 $ 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 Conversion Materials Costs Physical Units Quantities Units to be accounted for Work in process, June 1 Started into production Total units Units accounted for Transferred out Workin process. June 30 Total units Conversion Costs Materials 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 $