CloverSweet Inc. manufactures a product that goes through two departments prior to completion. The information shown...

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CloverSweet 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: Work in process, beginning Started into production Units 70,000 Materials Percentage Completed: Conversion 90% 35% 554,000 Completed and transferred out 484,000 Work in process, ending 140,000. 70% 25% Materials Work in process, beginning $16,000 Cost added during June $413,000 Conversion $ 15,000 $104,000 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 / 582,000 519,000 CloverSweet 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: Work in process, beginning Started into production Units 70,000 Materials Percentage Completed: Conversion 90% 35% 554,000 Completed and transferred out 484,000 Work in process, ending 140,000. 70% 25% Materials Work in process, beginning $16,000 Cost added during June $413,000 Conversion $ 15,000 $104,000 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 / 582,000 519,000