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 Work in process, beginning Units 26,000 Materials 80% Conversion 30% Started into production 564,000 Completed and transferred out 538,000 Work in process, ending 52,000 60% 20% Materials Work in process, beginning Cost added during June $ 16,000 $364,000 Conversion $ 21,500 $152,000 Required: Assume that the company uses the FIFO method. 1. Determine the equivalent units for June for the first process. Equivalent units of production Materiale Conversion 2. Compute the costs per equivalent unit for June for the first process. (Round your answers to 3 decimal places.) Cost per equivalent unit Materiale 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.) Materials Conversion Total Cast of ending work in process inventory Cast 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.) 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