Question: M 6-10 Equivalent Units, Cost per Equivalent Unit, Assigning Costs-Weighted- PROBLE Average Method CloverSweet Inc. manufactures a product that goes through two departments prior to

M 6-10 Equivalent Units, Cost per Equivalent Unit, Assigning Costs-Weighted- PROBLE Average Method CloverSweet Inc. manufactures a product that goes through two departments prior to completion. The information s hown in the table below is available about work in the first department, the Mixing Department, during June: Percentage Complete Units Materials Conversion Work in process, beginning.. Started into production...430,000 Completed and transferred out 380000 Work in process ending.10000 50,000 75% 30% 4% Materials Conversion 45,500 $425500 $145000 $25000 Required ssume 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 inv and the units transferred out with the costs in beginning inventory and costs added during period CoNvey MA7 1P end

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