Arboles Company manufactures pencils and has the following information available for the month of July: Work in process, July 1 (100% complete for materials, 89% for conversion) 80,000 units S 127,000 S 169,000 Direct materials Number of units started 190,000 units July costs Direct materials S 200,000 S 371,000 Work in process, July 31 (100% complete for materials, 23% for conversion) 58,000 units 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. Physical Units Physical Units Beginning Units Units Started Total Units Units Completed Ending Units Total Units 2. Calculate the number of equivalent units. Equivalent Units Physical Units Direct Materials Conversion Units Completed Ending Inventory Total Units 3. Calculate cost per equivalent unit. (Round cost per Equivalent Unit to 5 decimal places.) Direct Materials Conversion Cost per Equivalent Unit 4. Reconcile the total cost of work in process. (Use Cost per Equivalent Unit rounded to 5 decimal places and your final answers to the nearest whole dollar amount.) Direct Materials Conversion Total Cost Units Completed Ending Inventory Total Cost Accounted for