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beginning of the manufacturing process. Information for the month of March follows: Beginning work in process (30% complete) Direct materials Conversion cost Total cost

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beginning of the manufacturing process. Information for the month of March follows: Beginning work in process (30% complete) Direct materials Conversion cost Total cost of beginning work in process Number of units started Number of units completed and transferred to finished goods Ending work in process (65% complete) Current period costs Direct materials Conversion cost Total current period costs Units 123,800 Costs $ 190,000 342,000 $532,000 241,000 334,600 ? $ 505,400 646,000 1,151,400 Required: 1. Using FIFO method of process costing, complete each of the following steps: a. Reconcile the number of physical units worked on during the period. b. Calculate the number of equivalent units. c. Calculate the cost per equivalent unit. d. Reconcile the total cost of work in process. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 1C Req 1D Using FIFO method of process costing, reconcile the number of physical units worked on during the period. Beginning Units Units Started Total Units Physical Units Units Completed Ending Units 0 Total Units Physical Units Next > Beginning work in process (30% complete) Direct materials Conversion cost Total cost of beginning work in process. Number of units started Number of units completed and transferred to finished goods Ending work in process (65% complete) Current period costs Direct materials. Conversion cost Total current period costs Required: 1. Using FIFO method of process costing, complete each of the following steps: a. Reconcile the number of physical units worked on during the period. b. Calculate the number of equivalent units. c. Calculate the cost per equivalent unit. d. Reconcile the total cost of work in process. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Req 1D Using FIFO method of process costing, calculate the number of equivalent units. Beginning Inventory Started and Completed Ending Inventory Units 123,800 Costs $ 190,000 342,000 $ 532,000 241,000 334,600 ? $ 505,400 Equivalent Units Physical Units Direct Materials Conversion 646,000 1,151,400 Saddleback Company makes camping lanterns using a single production process. All direct materials are added at the beginning of the manufacturing process. Information for the month of March follows: Beginning work in process (30% complete) Units 123,800 Costs Direct materials Conversion cost $ 190,000 342,000 Total cost of beginning work in process $ 532,000 Number of units started 241,000 Number of units completed and transferred to finished goods 334,600 Ending work in process (65% complete) ? Current period costs Direct materials Conversion cost Total current period costs $ 505,400 646,000 1,151,400 Required: 1. Using FIFO method of process costing, complete each of the following steps: a. Reconcile the number of physical units worked on during the period. b. Calculate the number of equivalent units. c. Calculate the cost per equivalent unit. d. Reconcile the total cost of work in process. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 1C Req ID Using FIFO method of process costing, calculate the cost per equivalent unit. Note: Round Cost per Equivalent Unit to 5 decimal places. Cost per Equivalent Unit Direct Materials Conversion Beginning work in process (38% complete) Direct materials Conversion cost Total cost of beginning work in process Number of units started Number of units completed and transferred to finished goods Ending work in process (65% complete) Current period costs Direct materials Conversion cost Total current period costs Required: 1. Using FIFO method of process costing, complete each of the following steps: a. Reconcile the number of physical units worked on during the period. b. Calculate the number of equivalent units. c. Calculate the cost per equivalent unit. d. Reconcile the total cost of work in process. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Req 1D 123,800 $ 190,000 342,000 $ 532,000 241,000 334,600 ? $ 505,400 646,000 1,151,400 Using FIFO method of process costing, reconcile the total cost of work in process. Note: Use Cost per Equivalent Unit rounded to 5 decimal places and round your final answers to the nearest whole dollar amount. Beginning Inventory Started and Completed Ending Inventory Current Period Costs Prior Period Costs Total Cost Direct Materials Conversion

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