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:

Required:

Assume that the company uses the FIFO method.

Determine the equivalent units for June for the first process.

Answer is complete and correct.

Compute the costs per equivalent unit for June for the first process. $($Round your answers to $3$ decimal places.$)$

Answer is complete and correct.

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.$)$

Answer is not complete.

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.$)$

Answer is not complete.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:

Percentage Completed

Units Materials Conversion

Work in process, beginning $21,00070\%25\%$

Started into production $337,000$

Completed and transferred out $316,000$

Work in process, ending $42,00050\%15\%$

Materials Conversion

Work in process, beginning $ $24,500$ $ $16,500$

Cost added during June $ $469,000$ $ $125,000$

Required:

Assume that the company uses the FIFO method.

ONLY NEED ANSWERS FOR PART $3$ AND $4$