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3 CloverSweet in manufactures a product that goes through two departments prior to completion. The information shown in the table below is labie about
3 CloverSweet in manufactures a product that goes through two departments prior to completion. The information shown in the table below is labie about work in the first department, the Mixing Department, during June marted into product) Completed and UNITA 75% 449,000 399,000 Materials 47,400 Conversin 24,900 Work in press, beginning Cet added du Required: Assume that the company uses the weighted average method s 1. Determine the equivalent units for June for the first process. Equivalent units of production Materials Conversi 2. Compute the costs per equivalent unit for June for the first process. (Round your answers to 3 decimal places.) Materials Cost per equivalent unit Conversio 3. Determine the total cost of ending work in process inventory and the total cost of units transferred to the next process in June. (Round intermediate calculations to 3 decimal places.) Cost of ending work in process inventory Cost of units completed and transferred out Materials Conversion G C Cost of ending work in process inventory Cost of units completed and transferred out Materials Conversion 4. Prepare a report that reconciles the total costs assigned to the ending work in process inventory and the units transferred out with the costs in beginning inventory and costs added during the period. (Round intermediate calculations to 3 decimal places.) Cost Reconciliation Costs to be accounted for: Cost of beginning work in process inventory Costs added to production during the period Total cost to be accounted for Costs accounted for as follows: Transferred to next department: Work in process June 30 Materials Conversion Total cost accounted for
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