Mirada Company manufactures handheld calculators and has the following information available for the month of July:

Work in process, July $1$

$(1008$ complete for materials, $258$ for conversion$)127,000$ units

Direct materials

Conversion cost

Number of units started

July costs

Direct materials

Conversion cost

Work in process, July $31$

$(1008$ complete for materials, $108$ for conversion$)145,000$ units

E$3-15($Algo$)$ Weighted$-$Average Method $[$LO $3-2]$

Required:

Using the weighted$-$average 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 cost per equivalent unit.

Reconcile the total cost of work in process.

Complete this question by entering your answers in the tabs below.

Using the weighted$-$average method of process costing, reconcile the number of physical units worked on during the period.

$\backslash$table$[[,$Physical Units,,Physical Units$],[$Beginning Units,,Units Completed,$],[$Units Started,,Ending Units,$],[$Total Units,Total Units,,$]]$

Required $2$

Required $4$

Using the weighted$-$average method of process costing, calculate the number of equivalent units.

$\backslash$table$[[,$Physical Units,Equivalent Units$],[,$Direct Materials,Conversion$],[$Units Completed$],[$Ending Inventory$],[$Total Units,$0,0,0]]$

Required $1$

Required $2$

Reqi

$3$

Required $4$

Using the weighted$-$average method of process costing, calculate cost per equivalent unit.

Note: Round cost per Equivalent Unit to $5$ decimal places.

$\backslash$table$[[,$Direct Materials,Conversion$],[$Cost per Equivalent Unit,,$]]$

Required $1$

Required $3$

Required $4$

Using the weighted$-$average method of process costing, reconcile the total cost of work in process.

Note: Use Cost per Equivalent Unit rounded to $5$ decimal places and your final answers to the nearest whole dollar amount.

$\backslash$table$[[,$Direct Materials,Conversion,Total Cost$],[$Units Completed,,,$],[$Ending Inventory,,,$],[$Total Cost Accounted for,$$,$$$,$$