Check my work CloverSweet Inc. manufactures a product that goes through two departments prior to completion. The information shown in the table below is ailable about work in the first department, the Mixing Department, during June Work in process, beginning Started into production Completed and transferred out Work in process, ending Work in process, beginning i Cost added during June Percent Complete Units 50,500 Materials Conversion 75% 30% 435,000 385,000 100,500 40% Required: Assume that the company uses the weighted-average method. 1. Determine the equivalent units for June for the first process. Materials Conversion Equivalent units of production 60% Materials $ 46,000 $426,000 Conversion $ 25,500 $145,500 Activate Windows 2. Compute the costs per equivalent unit for June for the first process. (Round your answers to 3 decimal places.) Cost per equivalent unit Materials Conversion 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 Total $ 0 $ 0 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 "wentory and c its 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 $ 0 Total cost to be accounted for Costs accounted for as follows: Transferred to next department: Work in process June 30 Materials Conversion 0 Total cost accounted for $ 0 Activate Windows