WILDHORSE COMPANY Molding Department Production Cost Report choose the accounting period June 30, 2022For the Month Ended June 30, 2022For the Year Ended June 30, 2022
				Equivalent Units
Quantities		Physical Units		Materials		Conversion Costs
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
Completed and transferred out		enter a number of units		enter a number of units		enter a number of units
Work in process, June 30		enter a number of units		enter a number of units		enter a number of units
Total units		enter a total number of units		enter a total number of units		enter a total number of units
Costs				Materials		Conversion Costs		Total
Unit costs
Total Costs				$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
Equivalent units				enter a number of units		enter a number of units
Unit costs				$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
Cost Reconciliation Schedule
Costs to be accounted for
Work in process, June 1								$enter a dollar amount
Started into production								enter a dollar amount
Total costs								$enter a total amount
Costs accounted for
Completed and transferred out								$enter a dollar amount
Work in process, June 30
Materials						$enter a dollar amount
Conversion costs						enter a dollar amount		enter a subtotal of the two previous amounts
Total costs								$enter a total amount

Wildhorse 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. Production Data June Beginning work in process units 0 Units started into production 28,600 Ending work in process units 2,600 Percent complete as to conversion-ending inventory Cost Data Direct materials used in June $257,400 Direct labor incurred in June 69,680 Manufacturing overhead assigned in June 146,640 Total $473,720 40 % Prepare a schedule showing physical units of production. Physical units Units to be accounted for Work in process, June 1 Started into production Total units Units accounted for Completed and transferred out Work in process, June 30 Total units 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 Unit Costs $ Conversion Costs Total Unit Cost Determine the costs to be assigned to the units completed and transferred out and to work in process for June. Transferred out $ Work in process, June 30 LA $