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Question

Sunspot Beverages, Ltd., of Fiji makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and then blended in the Blending Department. The blended juices are then bottled and packed for shipping in the Bottling Department. The following information pertains to the operations of the Blending Department for June.

		Percent Completed
	Units	Materials		Conversion
Work in process, beginning	20,000	100	%	75	%
Started into production	180,000
Completed and transferred out	160,000
Work in process, ending	40,000	100	%	25	%

	Materials		Conversion
Work in process, beginning	$	25,200	$	24,800
Cost added during June	$	334,800	$	238,700

Assume that the company uses the FIFO method rather than the weighted-average method in its process costing system.

Required:
1.	Determine the equivalent units for June for the Blending Department.

2.	Compute the costs per equivalent unit for June for the Blending 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 next process for the Blending Department in June. (Do not round your intermediate calculations.)

4.	Prepare a cost reconciliation report for the Blending Department for June. (Do not round your intermediate calculations.)