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Firenze, Inc., manufactures a product that goes through two departments prior to completionthe Mixing Department followed by the Packaging Department. The following information is available

Firenze, Inc., manufactures a product that goes through two departments prior to completionthe Mixing Department followed by the Packaging Department. The following information is available about work in the first department, the Mixing Department, during June.

Percent Completed

Units Materials Conversion
Work in process, beginning 60,000 70% 40%
Started into production 307,500
Completed and transferred out 297,500
Work in process, ending 70,000 75% 25%

Materials Conversion
Work in process, beginning $ 21,200 $ 7,200
Cost added during June $ 227,300 $ 153,450

Required:
Assume that the company uses the weighted-average method.
1. Determine the equivalent units of production for June for the Mixing Department.

2.

Compute the costs per equivalent unit for June for the Mixing Department. (Round your answers to 2 decimal places.)

3.

Determine the total cost of ending work in process inventory and the total cost of units transferred to the Packaging Department. (Round your intermediate calculation to 2 decimal places and final answers to the nearest whole dollar amount.)

4.

Prepare a cost reconciliation report for the Mixing Department for June. (Round your intermediate calculation to 2 decimal places and final answers to the nearest whole dollar amount.)

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