Mirada Company manufactures handheld calculators and has the following information available for the mont July: Work in process, July 1 (100% complete for materials, 25% for conversion) 132,000 units Direct materials $ 246, 000 Conversion cost $ 400, 000 Number of units started 226,090 units July costs Direct materials $ 432, 000 Conversion cost $ 490,000 Work in process, July 31 (100% complete for materials, 10% for conversion) 150,000 units E3-16 (Algo) FIFO [LO 3-4] 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. 2. Calculate the number of equivalent units. 3. Calculate cost per equivalent unit