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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
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 (25% complete) Units 37,000 Costs Direct materials Conversion cost $ 30,000 99,000 Total cost of beginning work in process $ 129,000 Number of units started 75,000 Number of units completed and transferred to finished goods 2 Ending work in process (57% complete) 92,000 Current period costs Direct materials es Conversion cost Total current period costs Required: $ 83,000 158,000 $ 241,000 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 18 Req 1C Req 10 Using the weighted-average method of process costing, reconcile the number of physical units worked on during the period. Beginning Units Units Started Total Units Physical Units Units Completed Ending Units Total Units CLA Physical Units Req 10 >
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