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. Production Data Beginning work in process units Units started into production Ending work in process units Percent complete-ending inventory June 0 25,740 2,340 40 % Cost Data Materials Labor Overhead $231,660 62,712 131,976 $426,348 Total a. Ra Quantities Physical Units Units to be accounted for: Work in process Jun 1 0 25740 Started into production Total units 25740 Units accounted for: For Transferred out Work in process, Jun 30 23400 2340 Total units accounted for 25740 b. Materials Conversion Costs Equivalent Units of Production: 25740 24336 C. Materials Conversion Costs Total Cost Unit Cost 9 8 17 d. Costs to be assigned: 397800 Transferred Out Work in process, Jun 30 28548 Thanks for using Chegg, Please find the answer and give thumbs up. 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 1 Started into production Total units Units accounted for Transferred out Work in process, June 30 Total units Conversion Costs Materials Tot 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 $ e Textbook and Media