Mirada Company manufactures handheld calculators and has the tollowing information available for the month of July Work in process, July 1 (100% complete for materials, 25% for conversion) Direct materials Conversion cost 125,000 units $239,000 $393,000 Number of units started 219,000 units July costs Direct materials Conversion cost $425,000 $483,000 Work in process, July 31 (100% complete for materials, 10% for conversion) 143,000 units 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. Units Co Ending Units Total Units Beginning Units Units Started Total Units 2. Calculate the number of equivalent units. quivalent U PhysicalDirect Beginning Started and Completed Ending Inv Total Units 3. Calculate cost per equivalent unit. (Round cost per Equivalent Unit to 5 decimal places.) Cost per Equivalent Unit 4. Reconcile the total cost of work in process. (Use Cost per Equivalent Unit rounded to 5 decimal places and your final answers to the nearest whole dollar amount.) Direct Materials Period Conversion Total Cost Beginning Started and Com Ending Inv Total Cost Accounted for