b. Calculate the number of equivalent units. Equivalent Units Physical Units Direct Materials Conversion Beginning Inventory Started and Completed Ending Inventory Total c. Calculate the cost per equivalent unit. (Round cost per Equivalent Unit to 5 decimal places.) Direct Materials Conversion Cost per Equivalent Unit d. Reconcile the total cost of work in process. (Use Cost per Equivalent Unit rounded to 5 decimal places and round your final answers to the nearest whole dollar amount.) Current Period Costs Prior Period Costs Direct Materials Conversion Total Cost Beginning Inventory Started and Completed Ending Inventory Total Cost Accounted for Sandia Corporation manufactures metal toolboxes. It adds all materials at the beginning of the manufacturing process. The company has provided the following information: Unita 80,000 Coats $ 80,000 190.000 $270,000 152,000 Beginning work in proces (30% complete) Direct materials Conversion cout Total cost of beginning work in process Number of its started Number of white completed and transferred to finished good Ending work in proc(50complete) Current period conta Directors Conversion con Total current periodonta 68,000 $180,000 314,000 5494,000 Required: 1&2. Using FIFO method of process costing.complete each of the following steps: a. Reconcile the number of physical units worked on during the period. Beginning Units Units Started Total Units Physical Units Units Completed Ending Unit