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Required information Enter your search term [The following information applies to the questions displayed below.) Mirada Company manufactures handheld calculators and has the following information
Required information Enter your search term [The following information applies to the questions displayed below.) 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) 118,000 units $ 232,000 $ 386,000 212,000 units $410,000 $ 476,000 136,000 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. 30 ces 4 Unconelin the number of hurleal unite undead on during the nond Required information Enter your search term 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 Reconcile the number of physical units worked on during the period. Physical Units Physical Units Beginning Units 118,000 Units Completed Units Started 212,000 Ending Units Total Units 330,000 Total Units Required 1 0 Required 2 > Required information Enter your search term 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 Calculate the number of equivalent units. Equivalent Units Physical Units Direct Materials Conversion Units Completed Ending Inventory Total Units: 0 0 0 Required information Enter your search term 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 Calculate cost per equivalent unit. (Round cost per Equivalent Unit to 5 decimal places.) Direct Materials Cost per Equivalent Unit Conversion < Required 2 Required 4 > ect Assignment Unconcile the number of phurical unite worked on during the noded Required information Enter your search term 4. Reconcile the total cost of work in process. Complete this question by entering your answers in the tabs below. Saved Required 1 Required 2 Required 3 Required 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.) Units Completed Ending Inventory Direct Materials Conversion Total Cost Total Cost Accounted for 0 $ 0 $ 0 < Required 3 Required >
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