Required information [The following information applies to the questions displayed below.] Arboles Company manufactures pencils and has the following information available for the month of July: Work in process, July 1 (100% complete for materials, 60% for conversion) Direct materials Conversion cost $ $ 74,200 units 4,200 16,700 Number of units started 99,200 units July costs Direct materials Conversion cost $ 5,700 $ 23,200 Work in process, July 31 (100% complete for materials, 10% for conversion) 69,200 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. 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 Units Completed Ending Units Units Started Total Units Total Units Required 1 Required 2 Required 3 Required 4 Calculate the number of equivalent units. Physical Units Equivalent Units Direct Conversion Materials Units Completed Ending Inventory Total Units 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 Conversion Cost per Equivalent Unit 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.) Direct Materials Conversion Total Cost Units Completed Ending Inventory Total Cost Accounted for 0 $ 0 $