CloverSweet Inc. manufactures a product that goes through two departments prior to completion. The information shown in the table below is available about work in the first department, the Mixing Department, during June:

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.
4. 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.

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Percentage Complete Materials Conversion 30% Units Work in process, begining.. Started into production.. Completed and transfered out Work in process, ending... 50000 430000 380000 100000 75% 60% 40% Materials Conversion Work in process, beginning.. Costs added during June. $ 45,500 $425,500 $145,000