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

Honeybutter, Inc., manufactures a product that goes through two departments prior to completion the 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 104,000 70% 40% Started into production 494,500 Completed and transferred out 484,500 Work in process, ending 114,000 75% 25% -------------------------------------------------------------------------------- Materials Conversion Work in process, beginning $ 44,300 $ 16,300 Cost added during June $ 474,400 $ 347,930 -------------------------------------------------------------------------------- Required: Assume that the company uses the weighted-average method. 1. Determine the equivalent units for June for the Mixing Department. Materials Conversion Equivalent units of production -------------------------------------------------------------------------------- 2. Compute the costs per equivalent unit for June for the Mixing Department. (Round your answers to 2 decimal places. Omit the "$" sign in your response.) Materials Conversion Cost per equivalent unit $ $ -------------------------------------------------------------------------------- 3. Determine the total cost of ending work in process inventory and the total cost of units transferred to the Packaging Department. (Omit the "$" sign in your response.) Total Cost of ending work in process inventory $ Cost of units completed and transferred out $ -------------------------------------------------------------------------------- 4. Prepare a cost reconciliation report for the Mixing Department for June. (Omit the "$" sign in your response.) Cost Reconciliation Costs to be accounted for: (Click to select)Cost of units completed and transferred outCost of ending work in process inventoryCost of beginning work in process inventory $ (Click to select)Costs added to production during the periodCost of ending work in process inventoryCost of units completed and transferred out -------------------------------------------------------------------------------- Total cost to be accounted for $ -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Costs accounted for as follows: (Click to select)Costs added to production during the periodCost of ending work in process inventoryCost of beginning work in process inventory $ (Click to select)Cost of beginning work in process inventoryCost of units completed and transferred outCosts added to production during the period -------------------------------------------------------------------------------- Total cost accounted for $

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