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)31,600 units

Direct materials $48,400

Conversion cost $66,400

Number of units started95,200 units

April costs

Direct materials $136,000

Conversion cost $202,000

Work in process, April 30 (100% complete for materials, 20% for conversion)48,400 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.(Round cost per Equivalent Unit to 5 decimal places.)

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.)