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$)131,000$ units

Direct materials $ $245,000$

Conversion cost $ $399,000$

Number of units started $225,000$ units

July costs

Direct materials $ $431,000$

Conversion cost $ $489,000$

Work in process, July $31$

$(100\%$ complete for materials, $10\%$ for conversion$)149,000$ units

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.