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)30,500units

Direct materials$47,300

Conversion cost$65,300

Number of units started94,100units

April costs

Direct materials$134,900

Conversion cost$200,900

Work in process, April 30(100% complete for materials, 20% for conversion)47,300units

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.