FIFO Method

1,2,3,4 please.

Thank you!

Required Information [The following information applies to the questions displayed below] Silver Company manufactures kites and has the following information available for the month of April: Work in process, April 1 (100% complete for materials, 40% for conversion) 53,000 units Direct materials Conversion cost Number of units started 159,000 units April costs Direct materials Conversion cost Work in process, April 30 (100% complete for materials, 20% for conversion) Required: Using the FIFO method, 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 4. Reconcile the total cost of work in process. $ 81,000 $ 111,000 5 227,000 $ 337,000 80,500 units Required: Using the FIFO method, 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 4. Reconcile the total cost of work in process. Complete this question by entering your answers in the tabs below. Required: Required 2 Required 3 Required 4 Reconcile the number of physical units worked on during the period. Physical Units Physical Units Beginning Units Units Completed Units Started Ending Units Total Units Total Units Of D Required 2 > Required information Using the FIFO metnoa, 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 4. Reconcile the total cost of work in process. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate the number of equivalent units. Physical Units Beginning inventory Started and Completed Ending Inventory Total Units 212.000 Equivalent Units Direct Materials 150.000 Required: Using the FIFO method, 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 4. Reconcile the total cost of work in process. Complete this question by entering your answers in the tabs below. Required I Required 2 Required 3 Required 4 Calculate the cost per equivalent unit, (Round your answers to 5 decimal places.) Direct Conversion Materials Cost per Equivalent Unit Required 4 > Required 2 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 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.) Current Period Costs Prior Period Costs Total Cost Beginning Inventory Started and Completed Ending Inventory Total Cost Accounted for S Direct Materials 0 S