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Required information (The following information applies to the questions displayed below

Business Nov 11, 2021

Required information (The following information applies to the questions displayed below.) Ridgecrest Company manufactures plastic storage crates and has the following information available for the month of April: 32,000 units $ 48,800 $ 66,800 Work in process, April 1 (100+ complete for materials, 40 for conversion) Direct materials Conversion cost Number of units started April costs Direct materials Conversion cost 95,600 units $ 136,400 $ 202,400 Work in process, April 30 (100% complete for materials, 200 for conversion) 48,800 units Required: Using the weighted-average method of process costing, 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 Physical Units Units Beginning Units Units Completed Units Started Ending Units Total Units Total Units Required 1 Required 2 > Required 1 Required 2 Required 3 Required 4 Calculate the number of equivalent units. Physical Units Equivalent Units Direct Materials Conversion Units Completed Ending Inventory Total Units Required 1 Required 2 Required 3 Required 4 Calculate the cost per equivalent unit. (Round your answers to 5 decimal places.) Direct Materials Conversion Cost per Equivalent Unit Required 1 Required 2 Required 3 Required 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.) Direct Materials Conversion Total Cost Units Completed Ending Inventory Total Cost Accounted for

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