Bluetones Ltd. experienced the following activity in its Machining Department during June. Materials are added at the beginning of the machining process. Bluetones uses the Weighted Average cost flow assumption.

Units:Work in process, June 1 (60% of the way through the process) 19,200 units

Transferred in from the Casting Department during June 64,800 units

Completed during June ? units

Work in process, June 30 (90% of the way through the process) 21,600 units

Costs:Work in process, June 1 (transferred-in costs, $48,072; direct materials costs, $48,600; and conversion costs, $47,560) $144,232

Transferred in from the Casting Department during June. 319,848

Direct materials added during June 178,200

Conversion costs added during June 214,328

Required

1. Summarize flow of physical units and compute total equivalent units for three cost categories: transferred-in, direct materials, and conversion costs.

2. Summarize total costs to account for and compute the cost per equivalent unit for each cost category.

3. Assign total costs to (a) units completed and transferred to Finished Goods Inventory and (b) units in June 30 Work in Process Inventory.