Sunspot Beverages, Ltd., of Fiji uses the FIFO method in its process costing system. It 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.

Required:

1. Compute the Blending Department's equivalent units of production for materials and conversion for June.

2. Compute the Blending Department's cost per equivalent unit for materials and conversion for June.

3. Calculate the Blending Department's cost of ending work in process inventory for materials, conversion, and in total for June.

4. Calculate the Blending Department's cost of units transferred out to the next department for materials, conversion, and in total for June.

5. Prepare a cost reconciliation report for the Blending Department for June.

Percent Completed Materials Conversion 100% 75% Work in process, beginning Started into production Completed and transferred out Work in process, ending Units 20,000 180,000 160,000 40,000 100% 25% Work in process, beginning Cost added during June Materials $ 25,200 $ 334,800 Conversion $ 24,800 $ 238,700 Compute the Blending Department's equivalent units of production for materials and conversion for June. Materials Conversion Equivalent units of production Compute the Blending Department's cost per equivalent unit for materials and conversion for June. (Round your answers to 2 decimal places.) Materials Conversion Cost per equivalent unit Calculate the Blending Department's cost of ending work in process inventory for materials, conversion, and in total for June. (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of ending work in process inventory Calculate the Blending Department's cost of units transferred out to the next department for materials, conversion, and in total for June. (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of units transferred out Prepare a cost reconciliation report for the Blending Department for June. (Round your intermediate calculations to 2 decimal places.) Blending Department Cost Reconciliation Costs to be accounted for: Total cost to be accounted for Costs accounted for as follows: Total cost accounted for