Tien Company manufactures plastic storage crates and has the following information available for the month of April:

Required:

Using the weighted average method of process costing, complete each of the following steps:

1. Reconcile the number of physical units worked on during the period.

2. Calculate the number of equivalent units.

3. Calculate the cost per equivalent unit rounded to five decimal places.

4. Reconcile the total cost of work in process.

Transcribed Image Text:

Work in process, April 1 (100% complete for materials, 40% for conversion) Direct materials Conversion Number of units started April costs 15,600 units $ 24,000 $ 33,000 47,400 units Direct materials Conversion Work in process, April 30 (100% complete for materials, 20% for conversion) $ 67,800 $ 100,800 24,000 units