Clover Sweet 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 Materials Conversion 60% 25% Work in process, beginning Started into production Completed and transferred out Work in process, ending Units 47,000 544,000 497,000 94,000 50% 15% Work in process, beginning Cost added during June Materials Conversion $ 28,000 $ 16,000 $599,000 $189,000 Required: Assume that the company uses the FIFO method. 1. Determine the equivalent units for June for the first process. Materials 562,800 Conversion 546,350 Equivalent units of production 2. Compute the costs per equivalent unit for June for the first process. (Round your answers to 3 decimal places.) Materials Conversion Cost per equivalent unit 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.) Materials Conversion Total Cost of ending work in process inventory Cost of units transferred out 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.) S 44,000 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: Cost of ending work in process inventory Costs of units transferred out Total cost accounted for S 44,000 S 0