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

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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) Direct materials Conversion cost Number of units started July costs Direct materials Conversion cost Work in process, July 31 (100% complete for materials, 10% for conversion) S $ 75,100 units 5,100 17,600 100,100 units 6,600 S $ 24,100 70,100 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 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 Beginning Units Units Started Total Units Units Completed Ending Units Total Units Physical Units 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) Direct materials Conversion cost Number of units started July costs Direct materials Conversion cost Work in process, July 31 (100% complete for materials, 10% for conversion) S $ 75,100 units 5,100 17,600 100,100 units 6,600 S $ 24,100 70,100 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 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 Beginning Units Units Started Total Units Units Completed Ending Units Total Units Physical Units

Answer rating: 100% (QA)

Step 1 Reconcile the number of physical units worked on during the period Beginning Units 75100 units Units Completed 100100 units Ending Units 70100 ... View the full answer