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Required information [The following information applies to the questions displayed below.) Silver Company manufactures kites and has the following information available for the month

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Required information [The following information applies to the questions displayed below.) Silver Company manufactures kites and has the following information available for the month of April: Work in process, April 1 (100% complete for materials, 40% for conversion) Direct materials. Conversion cost Number of units started April costs 56,000 units $ 84,000 $114,000 162,000 unite Direct materials Conversion cost, Work in process, April 30 (100% complete for materials, 20% for conversion) $230,000 $340,000 $2,000 units Required: Using the weighted-average method, 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 the 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 56,000 Units Completed Units Started 162,000 Ending Units Total Units 218,000 Total Units 0

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