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		26,400
Ending work in process units		2,400
Percent completeending inventory		40	%

Cost Data
Materials		$ 237,600
Labor		64,320
Overhead		135,360
Total		$ 437,280

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								$