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PROCESS COSTING EXTRA CREDIT Ridgecrest Company manufactures plassic storage crates and has the following information available for the month of Aprk $ 19.000 $ 30.000 51400 hits Work in process, April 1 100complete for materials, 50% for conversion) Conversion cost Number of units started in Current period Work in process, April 30 (100% complete for materials, 25% for conversion) April costs Direct materials Conversion cost 21.000 5 67.500 $ 102,800 Using the weighted-average method of process costing.complete each of the following steps STEP 1 Reconcle the number of physical units worked on during the period Physical Units Physical Unit Beginning Units Units Completed Units Started Ending Units Total Units Total Units STEP 2 Calculate the number of equivalent units. Equivalent Units Dect Materials Conversion Cost Units completed Ending Inventory Total Units STEP 3 Calculate the cost per equivalent unit. (ROUND YOUR ANSWERS TO EIVE DECIMAL SPACES OR YOUR NEXT TABLE WILL NOT BE CORRECTI) Direct Materials Conversion Cost Cost per Equivalent Unit STEP 4 Allocate the total cost of units transferred out and partially completed in the current department (ROUND YOUR ANSWERS TO THE NEAREST DOLLAR) Direct Mata Conversion Cou To Cost Units Transferred Out Units in Ending Inventory Total Costs Accounted for