Silver Company manufactures kites and has the following information available for the month of April: Work in process, April 1 (100% complete for materials, 40% for conversion) Direct materials Conversion cost Number of units started April costs Direct materials Conversion cost Work in process, April 30 (100% complete for materials, 20% for conversion) 42,000 units $ 70,000 $ 100,000 148,000 units $216,000 $ 326,000 75,000 units Required: Using the FIFO method, 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Using the FIFO method, reconcile the number of physical units worked on during the period. Beginning Units Units Started Total Units Physical Units Physical Units Units Completed Ending Units 0 Total Units Required f Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Using the FIFO method, calculate the number of equivalent units. Beginning Inventory Started and Completed Ending Inventory Total Units Equivalent Units Physical Units Direct Materials Conversion 0 < Required 1 Required 3 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Using the FIFO method, calculate the cost per equivalent unit. Note: Round your answers to 5 decimal places. Direct Materials Conversion Cost per Equivalent Unit < Required 2 Required 4 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Using the FIFO method, reconcile the total cost of work in process. Note: Use Cost per Equivalent Unit rounded to 5 decimal places and your final answers to the nearest whole dollar amount. Beginning Inventory Current Period Costs Prior Period Costs Direct Total Cost Conversion Materials Started and Completed Ending Inventory Total Cost Accounted for $ 0 $ 0 $ 0 $