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 June Beginning work in process units Units started into production 25.960 Ending work in process units 2.360 Percent complete-ending inventory 40% Cost Data Materials $233,640 Labor 63,248 Overhead 133,104 Total $429,992 Your answer is correct. Prepare a schedule showing physical units of production Physical units Units to be accounted for Work in process, June 1 Started into production 25960 Total units 25960 Units accounted for Transferred out 23600 Work in process, June 30 2360 Total units 25960 Attempts: 1 of 3 used Your answer is correct. Determine the equivalent units of production for materials and conversion costs. Materials Conversion Costs Total equivalent units 25960 24544 Attempts: 1 of 3 used Your answer is correct. Compute the unit costs of production. Materials Conversion Costs Total Unit Cost Unit Costs $ 17 Attempts: 1 of 3 used Your answer is correct. Determine the costs to be assigned to the units transferred out and in process for June. Transferred out 401200 Work in process. June 30 $ 28792 Attempts: 1 of 3 used 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 Physical Units Conversion Costs Quantities Materials 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 Save for Later Attempts: 0 of 3 used Submit