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)		47,000	units
Direct materials	$	75,000
Conversion cost	$	105,000
Number of units started		153,000	units
April costs
Direct materials	$	221,000
Conversion cost	$	331,000
Work in process, April 30
(100% complete for materials, 20% for conversion)		77,500	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.