Question: Problem 6-10 Equivalent Units, Cost per Equivalent Unit, Assigning Costs-Weighted-Average Method [LO2, LO3, LO4, LO5] CloverSweet Inc. manufactures a product that goes through two departments
Problem 6-10 Equivalent Units, Cost per Equivalent Unit, Assigning Costs-Weighted-Average Method [LO2, LO3, LO4, LO5] CloverSweet Inc. manufactures a product that goes through two departments prior to completion. The information shown in the table below is avalable about work in the first department, the Mbxing 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. (Round your answers to 3 decimal places.) 3. Determine the total cost of ending work in process inventory and the total cost of units transferred to the next process in June. (Round intermediate calculations to 3 decimal places.) Skip Question 4
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