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 2020 are presented below.

June 0 Production Data Beginning work in process units Units started into production Ending work in process units Percent complete-ending inventory 28,820 2.620 40 % Cost Data Materials $259,380 Labor 70.216 Overhead 147,768 $477,364 Total Your answer is partially correct. Prepare a schedule showing physical units of production. Physical units Units to be accounted for Work in process, June 1 Started into production 28820 Total units 28820 Units accounted for Transferred out 28820 Work in process, June 30 1048 Total units 29868 * Your answer is incorrect. Determine the equivalent units of production for materials and conversion costs. Materials Conversion Costs Total equivalent units 31440 29868 e Textbook and Media Question Part Score 0/0.5 * Your answer is incorrect. Compute the unit costs of production Materials Conversion Costs Total Unit Cost Unit Costs 8.25 $ 4.95 13.20 eTextbook and Media Question Part Score 0/0.5 * Your answer is incorrect. Determine the costs to be assigned to the units transferred out and in process for June. 380424 Transferred out Work in process, June 30 $ 2680260 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, 2020 Equivalent Units Conversion Materials Costs Physical Units Quantities Units to be accounted for Work in process, June 0 1 Started into production 31440 Total units 31440 Units accounted for Transferred out ! 28820 28820 28820 Workin process, June 30 2620 2620 1048 Total units 31440 31440 29868 Materials Conversion Costs Costs Unit costs Total Costs $ 259,380 $ 217984 Equivalent units 31440 29868 Unit costs 8.25 495 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 21615 Conversion costs 5187.60 Total costs