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Sheridan Company manufactures bowling balls through two processes: Molding and Packaging In the Molding Department, the urethane, rubber, plastics, and other materials are molded into

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Sheridan 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 added 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 2022 are presented below. Prepare a schedule showing physical units of production. Prepare a production cost report for the Molding Department for the month of June. \begin{tabular}{|l|l|l|l|} \hline Costs & Materials & Conversion Costs & Total \\ \hline Unit costs & \multicolumn{2}{|l|}{} \\ \hline Total Costs & & & \\ \hline Equivalent units & & & \\ \hline Unit costs & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline Cost Reconciliation & \multicolumn{2}{l|}{} \\ Schedule & \multicolumn{2}{|l|}{} \\ \hline Costs to be accounted for & \multicolumn{2}{|l|}{} \\ \hline Work in process, June 1 & & \\ \hline Started into production & & \\ \hline Total costs & & \\ \hline Costs accounted for & & \\ \hline Completed and transferred \\ out \end{tabular} Determine the equivalent units of production for materials and conversion costs. Compute the unit costs of production. Determine the costs to be assigned to the units completed and transferred out and to work in process for June

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