Mirada Company manufactures handheld calculators and has the following information available for the month of July: Work in process, July 1 (100% complete for materials, 25% 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, 10% for conversion) 127,000 units $ 241,000 $ 395,000 221,000 units $ 427,000 $ 485,000 145,000 units E3-15 (Algo) Weighted-Average Method [LO 3-2] Required: Using the weighted-average 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. 4. Reconcile the total cost of work in process. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Using the weighted-average method of process costing, reconcile the number of physical units worked on during the period. Beginning Units Units Started Physical Units Units Completed Ending Units Physical Units Total Units 0 Total Units 0 Required 1 Required 2 Required 3 Required 4 Using the weighted-average method of process costing, calculate the number of equivalent units. Units Completed Ending Inventory Total Units Equivalent Units Physical Units Direct Materials Conversion 0 0 0 Required 1 Required 2 Reqd 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. Cost per Equivalent Unit Direct Materials Conversion Required 1 Required 2 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. Units Completed Direct Materials Conversion Total Cost Ending Inventory Total Cost Accounted for $ 0 $ 0 $ 0