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 Ending work in process units Percent complete-ending inventory 26,400 2,400 40 % Cost Data Materials Labor Overhead Total $237,600 64,320 135,360 $437,280 *(a) 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 0 26,400 Total units 76,400 Units accounted for Transferred out Work in process, June 30 Total units 24.000 2,400 26.400 *(b) Your answer is correct. Determine the equivalent units of production for materials and conversion costs. Total equivalent units Materials Conversion Costs 26,400 24960 Attempts: 1 of 5 used *(c) Your answer is correct. Compute the unit costs of production. Materials Conversion Costs Total Unit Cost 19 Unit Costs Attempts: 1 of 5 used *(d) Your answer is correct. Determine the costs to be assigned to the units transferred out and in process for June. Transferred out HOBOOO Work in process, June 30 s129280 Attempts: 1 of 5 used *(e) Your answer is partially correct. Try again. 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 Conversion Units Materials Costs Quantities Units to be accounted for Work in process, June 1 Started into production 26.400 Total units 26,400 Units accounted for Transferred out 24,000 24,000 2,400 24,000 2.400 Work in process, June 30 2,400 Total units Costs Materials Conversion Costs Total Unit costs Total Costs 51237,600 26,400 51199680 $1437280 Equivalent units 24960 Unit costs Costs to be accounted for Work in process, June 1 Started into production 7437280 $437280 Total costs Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, June 30 7408000 Materials Conversion costs Total costs