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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
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 Direct materials Conversion cost Work in process, April 30 (100% complete for materials, 20% for conversion) 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. Required 1 Required: Using the weighted-average method, complete each of the following steps: Complete this question by entering your answers in the tabs below. Required 3 Required 4 Reconcile the number of physical units worked on during the period. Physical Units Beginning Units Units Started Total Units Required 2 Physical Units 57,000 units $ 85,000 $ 115,000 Units Completed Ending Units Total Units $ 231,000 5 341,000 Roquend 163,000 units 82,500 units Required 2 >
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