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		0
Units started into production		29,700
Ending work in process units		2,700
Percent completeending inventory		40	%

Cost Data
Materials		$267,300
Labor		72,360
Overhead		152,280
Total		$491,940

1. Prepare a schedule showing physical units of production.

Physical units
Units to be accounted for
Work in process, June 1		enter a number of units
Started into production		enter a number of units
Total units		enter a total number of units
Units accounted for
Transferred out		enter a number of units
Work in process, June 30		enter a number of units
Total units

2. Determine the equivalent units of production for materials and conversion costs.

3. Compute the unit costs of production.

4. Determine the costs to be assigned to the units transferred out and in process for June.

5. Prepare a production cost report for the Molding Department for the month of June.