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the process. Read the requirements. Requirement 1. Fill in the time line for Pink Lips. Requirement 2. Use the time line to help you compute
the process. Read the requirements. Requirement 1. Fill in the time line for Pink Lips. Requirement 2. Use the time line to help you compute the total equivalent units and the cost per equivalent unit for June. Pink Lips Lip Balm Department Equivalent Unit Computation Month Ended June 30 Units accounted for: Total equivalent units Compute the cost per equivalent unit. (For entries with a $0 balance, make sure to enter "0" in the appropriate cell(s). Enter the cost per equivalent unit to two decimal places.) Pink Lips Lip Balm Department Cost per Equivalent Unit Month Ended June 30 \begin{tabular}{llll} \hline & \multicolumn{1}{c}{ Direct } & \multicolumn{1}{c}{ Conversion } \\ & Materials & Costs \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular} as calculated in the preceding step.) b. Ending work in process: Total costs accounted for Requirement 4. Prepare a T-account for Work in Process Inventory to show activity during June, including the June 30 balance. (For entries with a $0 balance, make sure to enter "0" in the appropriate cell.) Work in Process Inventory
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