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Silver Company manufactures kites and has the following information available for the month of April: Work in process, April 1 (1 eet complete for materials,
Silver Company manufactures kites and has the following information available for the month of April: Work in process, April 1 (1 eet complete for materials, 4ex for conversion) Direct materials Conversion cost 52,eee units $ 80,000 $ 110, eee Number of units started 158, eee units April costs Direct materials Conversion cost $ 226,000 $ 336, eee Work in process, April 30 (100% complete for materials, 2ex for conversion) 80,000 units E3-7 (Static) Weighted-Average Method [LO 3-2, 3-3) Required: Using the weighted average 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 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 Total Units Required Required 2 >
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