Use the following information to fulfil the requirements
 

Beginning work in process (30% complete) Direct materials Conversion cost Total cost of beginning work in process Number of units started Number of units completed and transferred to finished goods Ending work in process (65% complete) Current period costs. Direct materials. Conversion cost. Total current period costs Required: 1. Using FIFO method of process costing, complete each of the following steps: a. Reconcile the number of physical units worked on during the period. b. Calculate the number of equivalent units. c. Calculate the cost per equivalent unit. d. Reconcile the total cost of work in process. Units 124,800 239,000 334,400 2 costs $ 188,000 340,000 $ 528,000 $ 503,400 644,000 1,147,400