Honeybutter, 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. Assume the company uses the FIFO method in its process costing system.

		Percent Completed
	Units	Materials		Conversion
Work in process, beginning	70,000	70	%	40	%
Started into production	460,000
Completed and transferred out	450,000
Work in process, ending	80,000	75	%	25	%

	Materials		Conversion
Work in process, beginning	$	36,550	$	13,500
Cost added during June	$	391,850	$	287,300

Required:
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.)

	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 next process for the Mixing Department in June. (Do not round intermediate calculations. Round your final answer to nearest whole number.)

Total cost of ending work in process inventory	$
Cost of units transferred out	$

4.	Prepare a cost reconciliation report for the Mixing Department for June. (Do not round intermediate calculations. Round your final answer to nearest whole number.)

Mixing Department 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 units completed and transferred outCost of ending work in process inventory
Total cost to be accounted for	$
Costs accounted for as follows:
(Click to select)Cost of ending work in process inventoryCost of beginning work in process inventoryCosts added to production during the period	$
(Click to select)Cost of units completed and transferred outCosts added to production during the periodCost of beginning work in process inventory
Total cost accounted for	$

rev: 03_11_2014_QC_46599