clover Inc. manufactures a product that goes through two departments prior to completion. The information shown in the table below is available about work in the first department, the Mixing Department, during June: Percentage Completed Units Materials Conversion Work in process, beginning 60,000 70 % 25 % Started into production 424,000 Completed and transferred out 364,000 Work in process, ending 120,000 50 % 15 % Materials Conversion Work in process, beginning $ 28,000 $ 18,000 Cost added during June $ 519,000 $ 182,000 Required: Assume that the company uses the FIFO method.

1. Determine the equivalent units for June for the first process.

2.Compute the costs per equivalent unit for June for the first process

3. Determine the total cost of ending work in process inventory and the total cost of units transferred to the next process in June

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