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Required information (The following information apples to the questions displayed below) Mirada Company manufactures handheld calculators and has the following information available for the month
Required information (The following information apples 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 materiais, 25% for conversion) Direct materials Conversion cost 12,880 units $ 237,000 $ 391,000 Number of units started 217,000 units July costs Direct materials Conversion cost $ 423,000 $ 481,000 Work in process, July 31 (188x complete for materials, 18% for conversion) 141,000 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. Cakulate cost per equivalent unit 4. 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. Required a Required 2 Required 3 Required 4 Reconcile the number of physical units worked on during the period. Physics Units 123.000 Physical Units 217.000 Beginning Units Units Started Unats Compleed Ending Units 123.000 217 000 340,000 Total Units Total Units 340,000 Required 2 > Required information (The following information applies to t/e questions displayed below.} Mirada Company manufactures hand held calcuators and has the following information available for the month of July 12,000 units $ 237,000 $ 391,000 Work in process, July 1 (188% complete for materials, 25% for conversion) Direct materials Conversion cost Number of units started July costs Direct materials Conversion 217,000 units $ 422,000 $ 481,000 ost Work in process, July 31 (100% complete for materiais, 10% for conversion) 141,000 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 Answer is complete but not entirely correct. 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 Direct Units Materials Conversion Units Completed 217.000 217 000 217 000 Ending Inventory 123.000 123 000 12 300 Total Units 340,000 340.000 229.300 Required information 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 123,000 units $ 237,000 $ 391,600 Number of units started 217,000 units July costs Direct materials Conversion cost $ 423,000 $ 481,000 Work in process, July 31 (100% complete for materials, 10% for conversion) 141,000 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 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate copstr equivalent unit. (Ro uoust per Equivalent Unit to 5 de ci place s Direct Conversion Materials $ 1.94118$ 3.80288 X Cost pe Equivale Untt Required information 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 123,000 units $ 237,000 $ 391,000 Work in process, July 1 (188% complete for materials, 25% for conversion) Direct materials Conversion cost Number of units started July costs Direct materials Conversion cost 217,000 units $ 42,000 $ 481,000 Work in process, July 31 (100% complete for materiais, 10% for conversion) 141,000 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. Cakulate cost per equivalent unit 4. 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. Required 1 Requtred 2 Required 3 Required 4 Reconcile the total cost of work in process. (Use Cost per Equivalent Unit rounded to 5 dedmal places and your final answers bo the nearest whole dollar amount.) Conversion Total Cost Direct Materials S 421236 $ 825.225 is 1.246 461 Units Completed Ending hvertory Toal Cost Accounted for 285 540 239,765 660,001 46.775 87 2000 $ 5 153 2001 (Required a
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