Silver Company manufactures kites and has the following information available for the month of April:

Work in process, April 1 (100% complete for materials, 45% for conversion)32,000 units

Direct materials $38,000

Conversion cost $57,000

Number of units started88,000 units

April costs

Direct materials $114,000

Conversion cost $177,000

Work in process, April 30 (100% complete for materials, 21% for conversion)34,000 units

Required:

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

3.Calculate the cost per equivalent unit.(Round your answers to 5 decimal places.)

• direct materials
• conversion

4.Reconcile the total cost of work in process.(Use Cost per Equivalent Unit rounded to 5 decimal places and your final answers to the nearest whole dollar amount.)