Legacy Company manufactures umbrellas and has the following information available for the month of May:

$\backslash$table$[[90\%$ for conversion$),35,500,$units$],[$Direct materials,$$64,000,],[$Conversion cost$,$$$87,000,],[$Number of units started,$90,000,$units$],[$May costs,,$],[$Direct materials,$$102,500,],[$Conversion cost$,$$$189,000,],[\backslash$table$[[$Work in process, May $31(100\%$ complete for materials,$],[20\%$ for conversion$)]],33,000,$un$]]$

E$3-12($Algo$)$ FIFO $[$LO $3-4]$

Required:

Using the FIFO method of process costing, complete each of the following steps:

Reconcile the number of physical units worked on during the period.

Calculate the number of equivalent units.

Calculate the cost per equivalent unit.

Reconcile the total cost of work in process.