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Required information The following Information applies to the questions displayed below.) Saddleback Company makes camping lanterns using a single production process. Al direct materials are
Required information The following Information applies to the questions displayed below.) Saddleback Company makes camping lanterns using a single production process. Al direct materials are added at the beginning of the manufacturing process. Information for the month of March follows: Costs units 124,320 $ 180,00 341, $530,000 Beginning work in process (32% complete) Direct storals Conversion cost Total cost of beginning work in process Number of units started Number of units completed and transferred to finished goods Ending work in process (65% complete) Current period costs Direct storials Conversion cost Total current period costs 334, see 2 Required: 1. Using FF0 method of process costing, complete each of the following steps a. Reconcile the number of physical units worked on during the period b. Calculate the number of equivalent units c. Calculate the cost per equivalent unit d. Reconcile the total cost of work in process Complete this question by entering your answers in the tabs below. 1A R 18 R10 RD Using FIFO method of process costing, reconcile the total cost of work in proces. (Use Cost per Equivalent Unit rounded to 5 decimal places and round your final answers to the nearest whole dollar amount.) Current Period Costs Prior Period Cocts Direct Material Conversion Total Cost Beginning Inventory $ 530.000 $ 0 Started and completed 0 Ending Inventory Total Cost Accounted for S 530.000 $ 0 ols
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