Washburn Inc. manufactures precision tools in two departments: molding and finishing. Washburn uses the weighted average method. Manufacturing costs are added uniformly throughout the process. The following are cost and production data for the molding department for June:

Production:

Units in process, June 1, 50% complete..........................15,000

Units completed and transferred out............................102,000

Units in process, June 30, 60% complete........................30,000

Costs:

WIP, June 1.......................................................$ 180,000

Costs added during June.......................................3,420,000

Required:

Prepare a production report for the molding department.