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PA3-1 (Algo) Preparing a Process Costing Production Report (Weighted-Average Method) [LO 3-2, 3-3, 3- 4] Sandia Corporation manufactures metal toolboxes. It adds all materials at the beginning of the manufacturing process. The company has provided the following Information: Costs Units 34,800 Beginning work in process (22% complete) Direct materials Conversion cost $ 45,000 100,000 $145,000 Total cost of beginning work in process 75,000 Number of units started Number of units completed and transferred to finished goods ? 76,000 Ending work in process (53% complete) Current period costs Direct materials Conversion cost $ 88,000 153,000 $241,000 Total current period costs Required: 1. Using the welghted average method of process costing, complete each of the following steps: a. Reconcile the number of physical units worked on during the period. b. Calculate the number of equivalent units. c. Calculate the cost per equivalent unit. d. Reconcile the total cost of work in process. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Reg 10 Reg 1D Using the weighted-average method of process costing, reconcile the total cost of work in process. (Use Cost per Equivalent Unit rounded to 5 decimal places and round your final answers to the nearest whole dollar amount.) Direct Materials Conversion Total Cost $ 41,486 XS 117,385 s 158,871 Units Completed Ending Inventory 91,514 258,935 350,449 Total Cost Accounted for $ 133,000 IS 376,320 S 509,320 Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Red 10 Req 10 Using the weighted average method of process costing, calculate the cost per equivalent unit. (Round Cost per Equivalent Unit to 5 decimal places.) Direct Materials Conversion Cost per Equivalent Unit S 1.22018 3.45251 DAB Den Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg 1A Red 18 Req 10 Req 1D Using the weighted average method of process costing, calculate the number of equivalent units. Physical Units Equivalent Units Direct Conversion Materials 33,000 33,000 33,000 Units Completed Ending Inventory 76,000 76,000 40.280 Total 109,000 109,000 73,280 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Reg 10 Req 10 Using the weighted average method of process costing, reconcile the number of physical units worked on during the period. Physical Units Physical Units 34,000 Units Completed 33,000 Beginning Units Units Started 75,000 Ending Units 76,000 Total Units 109,000 Total Units 109,000 Req 1A Req 1B >