PROBLEM 6-10 Equivalent Units, Cost per Equivalent Unit, Assigning Costs- Weighted-Average Method [LO2, LO3, LO4, LOSI CloverSweet Inc. manufactures a product that goes through two departments prior to comple- tion. The information shown in the table below is available about work in the first department. the Mixing Department, during June: Percentage Complete Units Materials Conversion 75% 30% 50,000 430,000 380,000 00,000 Started into production Work in process, ending 60% 40% Materials Conversion Work in process, beginning Costs added during June 45,500 425,500 $25,000 145,000 Required: Assume that the company uses the weighted-average method. 1. Determine the equivalent units for June for the first process. 2. Compute the costs per equivalent unit for June for the first process. 3. Determine the total cost of ending work in process inventory and the total cost of units transferred to the next process in June Prepare a report that reconciles the total costs assigned to the ending work in process inventory and the units transferred out with the costs in beginning inventory and costs added during the period