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$)60,000$ units

Direct materials $ $88,000$

Conversion cost $ $118,000$

Number of units started $166,000$ units

April costs

Direct materials $ $234,000$

Conversion cost $ $344,000$

Work in process, April $30$

$(100\%$ complete for materials, $20\%$ for conversion$)84,000$ units

Required:

Using the weighted$-$average method, complete each of the following steps:

Reconcile the number of physical units worked on during the period.

Calculate the number of equivalent units.

Calculate the cost per equivalent unit.

Reconcile the total cost of work in process.