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Sandia Corporation manufactures metal toolboxes. It adds all materials ni Beginning work in process (29% complete) 46,000 Direct materials Conversion cost Total cost of beginning

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Sandia Corporation manufactures metal toolboxes. It adds all materials ni Beginning work in process (29% complete) 46,000 Direct materials Conversion cost 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 (50% complete) Current period costs ? 92,000 Direct materials Conversion cost Total current period costs Required: 1 & 2. Using the weighted-average method of process costing, complete e a. Reconcile the number of physical units worked on during the period Physical Units Physical Units Beginning Units Units Started Total Units Units Completed Ending Units 01 Total Units b. Calculate the number of equivalent units aterials at the beginning of the manufacturing process. The company 46,000 $ 31,000 86,000 $117,000 78,000 92,000 $ 88,000 158,000 $246,000 complete each of the following steps period Units ss. The com pany has provided the following information: entral Colleg Urade Required: 1 & 2. Using the weighted-average method of process costing, complete ea a. Reconcile the number of physical units worked on during the period. Physical Units Physical Units Beginning Units Units Started Total Units Units Completed Ending Units o Total Units b. Calculate the number of equivalent units. Equivalent Units Physical Units Direct Materials Conversion Units Compieted Ending Inventory Total c. Calculate the cost per equivalent unit (Round cost per Equivalent Unit to Direct Materiais Conversion c. Calculate the cost per equivalent unit. (Round cost per Equivalent Us Direct Materials Conversion Cost per Equivalent Unit d. Reconcile the total cost of work in process.(Use Cost per Equivalent Direct Materials Conversion Total Cost Units Completed Ending Inventory Total Cost Accounted for S ReferenceseBook & Resources Worksheet r Equivalent Unit to 5 decimal places.) per Equivalent Unit rounded to 5 decimal places and round your final ans n Total Cost

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