The following information pertains to Equator Company operations for one of the production departments for the month of June 20 Percent Completed Materials Conversion Units Work in process inventory, June 1 10,000 100% Work in process inventory, June 30 70% 30,000 100% 30% Material cost work in process inventory, June 1 $20,000 Conversion cost work in process inventory, June 1 Units started into production during June $25,000 Units transferred to the next production department 160,000 140,000 Units started into production during June 160,000 Units transferred to the next production department 140,000 Materials cost added during June 320,000 Conversion cost added during June 198,500 Required: 1. Determine the equivalent units for materials and conversion for the month of June. (4 marks) 2. Compute the cost per equivalent unit for materials and conversion for the month of June. (4 marks) 3. Determine the total cost of ending work in process inventory. (4 marks) 4. Determine the total cost of units transferred to the next Department in June. (3 marks) TT T Arial 3 (12pt)