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Ruby Lips produces a lip balm used for cold-weather sports. The balm is manufactured in...

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Ruby Lips produces a lip balm used for cold-weather sports. The balm is manufactured in a single processing department. No lip balm was in process on May 31 , and Ruby started production on 20,700 lip balm tubes during June. Direct materials are added at the beginning of the process, but conversion costs are incurred evenly throughout the process. Completed production for June totaled 15,500 units. The June 30 work in process was 30% of the way through the production process. Direct materials costing $4,761 were placed in production during June, and direct labor of $3,340 and manufacturing overhead of $925 were assigned to the process. Read the requirements. 15,500 units completed and transferred out Requirement 2. Use the time line to help you compute the total equivalent units and the cost per equivalent unit for June

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