$[$The following information applies to the questions displayed below.$]$

Arboles Company manufactures pencils and has the following information available for the month of July:

Work in process, July $1$

$(100\%$ complete for materials, $60\%$ for

conversion$)74,000$ units

Direct materials

Conversion cost

Number of units started

$$4,000$

July costs

Direct materials

Conversion cost

Work in process, July $31$

$(100\%$ complete for materials, $10\%$ for

conversion$)$

$69,000$ units

Required:

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

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

Calculate the number of equivalent units.

Calculate cost per equivalent unit.

Reconcile the total cost of work in process.

Complete this question by entering your answers in the tabs below.

Required $2$

Using the weighted$-$average method of process costing, 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.