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 Completed and transferred out Work in process, ending Work in process, beginning Percent Complete Units 51,200 Materials Conversion 758 30% 442,000 392,000 101,200 Cost added during June Required: Assume that the company uses the weighted-average method. 1. Determine the equivalent units for June for the first process. Materials Conversion Equivalent units of production 60% Materials $ 46.700 $426,700 40% Conversion $ 26,200 $146,200 2. Compute the costs per equivalent unit for June for the first process. (Round your answers to 3 decimal places.) Cost per equivalent unit Materials Conversion 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.) Cost of ending work in process inventory Cost of units completed and transferred out Materials Conversion Total $ $ 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 beginning work in process inventory Costs added to production during the period $ 0 Total cost to be accounted for Costs accounted for as follows: Transferred to next department: Work in process June 30 Materials Conversion 0 Total cost accounted for $ 0