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 28,820 2,620 40% Cost Data Materials Labor $259,380 70,216 147,768 $477,364 Overhead Total 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 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 2620 26200 Total units eTextbook and Media Determine the equivalent units of production for materials and conversion costs. Materials Conversion Costs Total equivalent units 28820 11528 eTextbook and Media Compute the unit costs of production Materials Conversion Costs Unit Costs $ 9.00 Total Unit Cost 17.00 8.00 $ e Textbook and Media Determine the costs to be assigned to the units transferred out and in process for June Transferred out Work in process, June 30 $ 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 Started into production 28820 Total units 28820 Units accounted for Transferred out Work in process, June 26200 26200 26200 30 2620 2620 2620 Total units Costs Materials Conversion Costs Total Unit costs Total Costs Equivalent units Unit costs 9.00 8.00 Costs to be accounted Work in process, June Started into production Total costs Cost Reconciliation Schedule