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, 40% for conversion) Direct materials Conversion cost Number of units started April costs 30,500 units $ 47,300 $ 65,300 94,100 units Direct materials Conversion cost Work in process, April 30 (100% complete for materials, 20% for conversion) $134,900 $200,900 47,300 units Required: Using the FIFO 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 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 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.) Prior Period Costs Cument Period Costs Direct Materials Conversion Total Cost Beginning Inventory Statuet and Compeed S 47,300 05.300 5 154 000 50000 52 [The following information applies to the questions displayed below.] 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, 48% for conversion) Direct materials Conversion cost Number of units started April costs 30,500 units $ 47,300 $ 65,300 94,100 units Direct materials Conversion cost Work in process, April 30 (100% complete for materials, 20% for conversion) $134,900 $200,900 47,300 units Required: Using the FIFO 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 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 Calculate the number of equivalent units Physical Units Equivalent Units Direct Materials Conversion < Prev