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Sandia Corporation manufactures metal toolboxes. It adds all materials at the beginning of the manufacturing process. The company has provided the following information: Beginning

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Sandia Corporation manufactures metal toolboxes. It adds all materials at the beginning of the manufacturing process. The company has provided the following information: Beginning work in process (24% complete) Direct materials Conversion cost Units 43,000 Costs $ 48,000 93,000 Total cost of beginning work in process $ 141,000 Number of units started 78,000 Number of units completed and transferred to finished goods Ending work in process (58% complete) ? 90,000 Current period costs Direct materials Conversion cost Total current period costs $ 81,000 150,000 $231,000 Required: 1. Using the weighted-average 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. Req 1A Req 18 Req 1C Req ID Using the weighted-average method of process costing, calculate the cost per equivalent unit. Note: Round Cost per Equivalent Unit to 5 decimal places. Direct Materials Conversion Cost per Equivalent Unit $ 2.37548 Reg 18 Req 1D > Sandia Corporation manufactures metal toolboxes. It adds all materials at the beginning of the manufacturing process. The company has provided the following information: Beginning work in process (24% complete) Direct materials Conversion cost Units 43,000 Costs $ 48,000 93,000 $ 141,000 Total cost of beginning work in process Number of units started 78,000 Number of units completed and transferred to finished goods Ending work in process (58% complete) ? 90,000 Current period costs Direct materials Conversion cost Total current period costs Required: $ 81,000 150,000 $ 231,000 1. Using the weighted-average 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. Req 1A Req 1B Req 1C Req 1D Using the weighted-average method of process costing, reconcile the total cost of work in process.. Note: Use Cost per Equivalent Unit rounded to 5 decimal places and round your final answers to the nearest whole dollar amount. Units Completed Ending Inventory Direct Materials Conversion Total Cost

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