Ridgecrest Company manufactures plastic storage crates and has the following information available for the month of April:

Work in process, April 1

(100% complete for materials, 45% for conversion) 19,600 units Direct materials $ 15,000 Conversion cost $ 23,000 Number of units started 52,400 units April costs Direct materials $ 60,800 Conversion cost $ 93,800 Work in process, April 30 (100% complete for materials, 29% for conversion) 15,000 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.

Physical Units Physical Units

Beginnin Units: ____________ Units Completed: _____________

Units Started: ____________ Ending Units: _____________

Total Units: _____________ Total Units: ______________

2. Calculate the number of equivalent units.

Equivalent Units

Physical Units Direct Materials Conversion

Units Completed: __________ ____________ __________

Ending Inventory: __________ ____________ __________

Total Units: __________ ___________ ___________

3. Calculate the cost per equivalent unit. (Round your answers to 5 decimal places.)

Direct Materials Conversion

Cost per Equivalent Unit: $__________ $________

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: $__________ $________ $________