Solex Company produces a high-quality insulation material that passes through two production processes. Data for June for the first process follow:

	Units	Completion with Respect to Materials			Completion with Respect to Conversion
Work in process inventory, June 1	60,000	75	%		40	%
Work in process inventory, June 30	40,000	50	%		25	%
Materials cost in work in process inventory, June 1				$	56,600
Conversion cost in work in process inventory, June 1				$	14,900
Units started into production					280,000
Units transferred to the next process					300,000
Materials cost added during June				$	385,000
Conversion cost added during June				$	214,500

Required:

1.	Assume that the company uses the weighted-average method of accounting for units and costs. Determine the equivalent units for June for the first process.

	Materials	Conversion
Equivalent units of production

2.	Compute the costs per equivalent unit for June for the first process. (Round your answers to 2 decimal places.)

	Materials	Conversion
Cost per equivalent unit	$	$

3.	Determine the total cost of ending work in process inventory and the total cost of units transferred to the next process in June. (Do not round intermediate calculations.)

	Total
Cost of ending work in process inventory	$
Cost of units transferred to the next process	$