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Mirada Company manufactures handheld calculators and has the followin Work in process, July 1 (100% complete for materials, 24% for conversion) Direct materials Conversion cost

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Mirada Company manufactures handheld calculators and has the followin Work in process, July 1 (100% complete for materials, 24% for conversion) Direct materials Conversion cost Number of units started July costs Direct materials Conversion cost Work in process, July 31 (100% complete for materials, 16% for conversion) Required: Using the weighted-average method of process costing, complete each of 1. 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 0Total Units 0 1 Required: Using the weighted-average method of process costing, complete eac 1. Reconcile the number of physical units worked on during the period Physical Units Physical Uni Beginning Units Units Started Total Units Units Completed Ending Units 0 Total Units 2. Calculate the number of equivalent units Equivalent Units Physical Units Direct Materials Conversi Units Completed Ending Inventory Total Units 3. Calculate cost nes 2. Calculate the number of equivalent units. Equivalent Units Physical Units Direct Materials Conversio Units Completed Ending Inventory Total Units 3. Calculate cost per equivalent unit. (Round cost per Equivalent Unit Direct Materials Conversion Cost per Equivalent Unit 4. Reconcile the total cost of work in process. (Use Cost per Equivalent Direct Materials Conversion Total Co Units Completed otal Units 3. Calculate cost per equivalent unit. (Round cost per Equivalent Unit to Direct Materials Conversion Cost per Equivalent Unit 4. Reconcile the total cost of work in process. (Use Cost per Equivalent l Direct Materials Conversion Total Cos Units Completed Ending Inventory Total Cost Accounted for $ 0 $ uivalent Unit to 5 decimal places.) per Equivalent Unit rounded to 5 decimal places and your f on Total Cost

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