questions in the second picture

7.Equivalent Units; Cost Reconciliation-Weighted Average Method Martin Company manufactures a single product. The company uses the weighted average method in its process costing system. Activity for June has just been completed. An incomplete production report for the first processing department follows: Quantity Schedule and Equivalent Units Quantity Schedule Units to be accounted for: Work in process, June 1 (materials 80% complete, labor and overhead 60% complete) 10,000 Started into production 64.000 Total units 24.000 Equivalent (EU) 2 Materials Labor Overhead 68,000 ? 9 Units accounted for as follows Transferred to the next department Work in process, June 30 (materials 50% complete, labor and overhead 20% complete) Total units 2 - 6.000 74,000 7 9 Cost per Equivalent Unit Totale Whole Costo Materials Labor Overhead Unit La Cost to be accounted for Work in process, June 1 Cost added by the department Total cost (a) Equivalent units (6) S 11,900 S 6,800 107.270 53.550 119, 170H 560.350 71,000 s 2,100 22.120 -$24,220 69,200 $ 3,000 31.600 $34.600 69.2004 Cost per EU, (a) = (b) $0.85 + $0.35 + $0.504 $1.704 le le e Ge le Cost Reconciliatione le Totale 4 a le Cost el Cost accounted for as follows: e e ? ?e Required: (1). Prepare a schedule showing how the equivalent units were computed for the first processing department (2). Complete the "Cost Reconciliation" part of the production report for the first processing departmente