Company manufactures one product that goes through oneprocessing department called Mixing. All raw materials areintroduced at the start of work in the Mixing Department. Thecompany uses the weighted-average method of process costing. ItsWork in Process T-account for the Mixing Department for Junefollows (all forthcoming questions pertain to June):
| Work in Process—Mixing Department |
| June 1 balance | 25,000 | Completed and transferred
to Finished Goods | ? |
| Materials | 157,080 | | |
| Direct labor | 99,500 | | |
| Overhead | 117,000 | | |
| June 30 balance | ? | | |
The June 1 work in process inventory consisted of 4,000 unitswith $13,020 in materials cost and $11,980 in conversion cost. TheJune 1 work in process inventory was 100% complete with respect tomaterials and 60% complete with respect to conversion. During June,36,500 units were started into production. The June 30 work inprocess inventory consisted of 9,600 units that were 100% completewith respect to materials and 50% complete with respect toconversion.
1. What is the cost per equivalent unit for conversion?(Round your answer to 2 decimal places.)
2. What is the cost of ending work in process inventory formaterials? (Round your intermediate calculations to 2places.)
3. What is the cost of ending work in process inventory forconversion? (Round your intermediate calculations to 2places.)
