ESV, LLC manufactures a chemical product that passes through two departments. Data for June for the second department follow: Gallons Materials Labor Overhead 60,000 96,000 Work in Process, June1 Gallons stared in process Gallons Transferred out Work in Process, June 30 Costs added during June 40,000 390,000 380,000 50,000 $137,200 740,000 $1,184,000 $1,814,400 The beginning work in process inventory was 80% complete with respect to materials and 75% complete with respect to labor and overhead. The ending work in process inventory was 60% complete with respect to materials and 20% complete with respect to labor and overhead Utilizing the Weighted-Average Method of Accounting for units and costs 1) Compute the Equivalent Units for June's activity for the second department Determine the costs per equivalent unit for June Compute the Cost of Goods Transferred Compute the Valuation of Ending Inventory at June 30th Prepare a Cost Reconciliation Report for June 2) 3) 4) 5)