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Required information Skip to question [ The following information applies to the questions displayed below. ] Saddleback Company makes camping lanterns using a single production

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[The following information applies to the questions displayed below.]
Saddleback Company makes camping lanterns using a single production process. All direct materials are added at the beginning of the manufacturing process. Information for the month of March follows:
Units Costs
Beginning work in process (30% complete)123,800
Direct materials $ 190,000
Conversion cost 342,000
Total cost of beginning work in process $ 532,000
Number of units started 241,000
Number of units completed and transferred to finished goods 334,600
Ending work in process (65% complete)?
Current period costs
Direct materials $ 505,400
Conversion cost 646,000
Total current period costs 1,151,400
Required:
1. Using FIFO method of process costing, complete each of the following steps:
Reconcile the number of physical units worked on during the period.
Calculate the number of equivalent units.
Calculate the cost per equivalent unit.
Reconcile the total cost of work in process.

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