Jones Company manufactures a single product and uses process costing (FIFO method). The company's product goes through two processing departments, Etching and Wiring. The following activity was recorded in the Etching Department during July: Materials are added at several stages during the etching process. The company uses the FIFO method. Required; 1. Compute the equivalent units of production 2. Compute the costs per equivalent unit for July. (Round your answers to 2 decimal places.) 3. Determine the cost of ending work in process inventory and of the units transferred to the Wiring Department. (Round your intermediate colculations to 2 decimal places.) 4. Prepare a cost reconciliation between the costs determined in requirement 3 above and the cost of beginning inventory and costs added during the period. (Round your intermediate calculotions to 2 decimal places.)