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 Complete unitaterials Conversion Work in process, beginning 70,000 Started into production 410,000 Completed and transferred out 340,000 Work in process, ending 140,000 15% 705 Work in process, beginning Cost added during June Materials Conversion $ 16,000 $ 23,00 $474,000 $178,000 Required: Assume that the company uses the FIFO method 1. Determine the equivalent units for June for the first process Materials Conversion Equivalent units of production and run for the first proces (Round your answers to 3 decimal places.) 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 dheden Cost of units transferred out References 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 bogering 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 $ 5 0 Me