Company manufactures plastic storage crates and has the follow

Company manufactures plastic storage crates and has the following information available for the month of April:

Work in process, April 1		20,600	units
(100% complete for materials, 47% for conversion)
Direct materials	$	14,000
Conversion	$	42,000
Number of units started		48,400	units
April costs
Direct materials	$	58,800
Conversion	$	91,800
Work in process, April 30		18,000	units
(100% complete for materials, 20% for conversion)

Required:

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

(a)	Reconcile the number of physical units worked on during the period.

	Physical Units				Physical Units
Beginning Units				Units Completed
Units Started				Ending Units
Total Units				Total Units

(b)	Calculate the number of equivalent units.

	Equivalent Units
	Direct Materials		Conversion
Units Completed
Ending Inventory
Total

(c)	Calculate the cost per equivalent unit. (Round your answers to 5 decimal places. Omit the “$” sign in your response. )

	Direct Materials			Conversion
Cost per Equivalent Unit	$			$

(d)	Reconcile the total cost of work in process. (Use rounded cost per Equivalent unit. Round your answers to the nearest dollar amount. Omit the “$” sign in your response.)

	Direct Materials			Conversion			Total Cost
Units Completed	$			$			$
Ending Inventory				$
Total Cost Accounted for	$			$			$