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 24,860 Ending work in process units 2,260 Percent complete-ending inventory 40 % June 0 Cost Data Materials Labor Overhead Total $223,740 60,568 127,464 $411.772 Prepare a schedule showing physical units of production Physical units Units to be accounted for Work in process, June 1 Started into production 24860 Total units 24860 Units accounted for Transferred out Work in process, June 30 22600 2260 Total units 2460 Determine the equivalent units of production for materials and conversion costs. Materials Conversion Costs Total equivalent units eTextbook and Media Compute the unit costs of production Materials Conversion Costs Total Unit Cost Unit Costs $ $ 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 $ e Textbook and Media 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 0 24860 24860 22600 22600 22600 Units accounted for Transferred out Work in process, June 30 2260 2260 904 23504 24860 24860 Total units Conversion Costs Unit costs Materials Conversion Costs Tot: Total Costs Equivalent units Unit costs $ Costs to be accounted for Work in process, June Started into production Total costs $ Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, June 30 Materials Conversion costs $ Total costs Materials Conversion Costs Total $ $ $ $ $ $