Legacy Company manufactures umbrellas and has the following information available for the month of May: Work in process, May 1 (100% complete for materials, 90% for conversion) Direct materials Conversion cost 5 5 36,000 units 64.500 37.500 90.500 units Number of units started May costs Direct materials Conversion cost 5 103,000 189,500 Work in process, May 31 (100% complete for materials, 20% for conversion 33,500 units Required: Using the FIFO method of process costing, complete each of the following steps: 1. Reconcile the number of physical units worked on during the period. Physical Unita Physical Unite Beginning Units Units Started Total Units Units Completed Ending Units Total Units 2. Calculate the number of equivalent units. Equivalent Unita Direct Materials Conversion Physical Unite Beginning Inventory Started and Completed Ending Inventory Total Units 3. Calculate the cost per equivalent unit. (Round cost per Equivalent Unit to 5 decimal places.) Direct Materials Conversion Cost per Equivalent Unit 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 Costa Pront Motorola Direct Materials Conversion Prior Period Costa Total Coat Beginning inventory Started and Completed Ending Inventory Total Cost Accounted for