As you can see, the total cost to account for the production run in June is $725,000. There were 20,000 units in beginning inventory and 80,000 units started in June, a total of 100,000 units. 70,000 units were completed, leaving 30,000 units 50% completed in work in process inventory. Using our new best friend, equivalent units, we translate the physical units to equivalent units. The units completed are 100% equivalent units i.e. they got a 100% dose of direct materials, direct labor and overhead. The ending inventory of work in process (50% complete) got a 100% dose of direct materials and 50% doses of direct labor and overhead. As a result, the equivalent units are 15,000 for direct labor and 15,000 for overhead in the 30,000 physical units. Since the cost per equivalent unit is $8, we can cost the units completed as 70,000$8=$560,000. For the work in process, the costs are