Solex Company produces a high-quality insulation material that passes through two production processes. Data for June for the first process follow:

Required:
1. Assume that the company uses the weighted-average method of accounting for units and costs. 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 inJune.

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Completion Completion with Respect with Respect Units to Materials to Conversion Work in process inventory, June 1 Work in process inventory, June 30 Materials cost in work in process 60,000 40,000 75% 50% 40% 25% inventory, June 1 Conversion cost in work in process $56,600 inventory, June1 Units started into production Units transferred to the next process Materials cost added during June Conversion cost ad $14,900 280,000 300,000 $385,000 $214,500 ded during June