Riverside Company Manufactures Two Sizes of T-Shirts, Medium and Large

Riverside Company manufactures two sizes of T-shirts, medium and large.Both sizes go through cutting, assembling and finishing departments.The company uses operation costing.
Riverside Company's conversion costs applied to products for the month of June were: Cutting Department $60,000, Assembling Department $60,000, and Finishing Department $30,000.June had no beginning or ending work-in-process inventory.
The quantities and direct materials costs for June follow: $$\begin{array} { c c c c } \text { Job No. } & \text { Size } & \text { Quantity } & \text { Direct Materials } \\601 & \text { Medium } & 10,000 & \$ 50,000 \\602 & \text { Large } & 20,000 & 110,000\end{array}$$ Each T-shirt, regardless of size, required the same cutting, assembling and finishing operations.
Required:
(1) Compute both unit cost and total cost for each shirt size produced in June.
(2) Prepare journal entries to record direct materials and conversion costs incurred in the three departments, and the finished goods costs for both shirt sizes.