Direct materials Required information [The following information applies to the questions displayed below.] 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) Conversion cost Costs Units 117,800 Total cost of beginning work in process $ 192,000 344,000 $ 536,000 Number of units started 243,000 Number of units completed and transferred to finished goods Ending work in process (65% complete) 334,800 ? Current period costs Direct materials Conversion cost Total current period costs $ 507,400 648,000 $ 1,155,400 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. Answer is not complete. 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, 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. Current Period Costs Prior Period Total Cost Costs Direct Materials Conversion Beginning Inventory $ 536,000 $ 0 Started and Completed 0 685,767 X Ending Inventory 0 54,290 34,6160 88,906 Total Cost Accounted for $ 536,000 $ 54,290 $ 720,383 $ 88,906 < Req 1C Req 1D >