PA$3-1($Algo$)$ Preparing a Process Costing Production Report $($Weighted$-$Average Method$)[$LO $3-2,3-3]$

$3$

points

Sandia Corporation manufactures metal toolboxes. It adds all materials at the beginning of the manufacturing process. The company has provided the following information:

$\backslash$table$[[,$Units,Costs$],[$Beginning work in process $(26\%$ complete$),47,000,],[$Direct materials,,$$40,000$

PA$3-1($Algo$)$ Preparing a Process Costing Production Report $($Weighted$-$Average Method$)[$LO $3-2,3-3]$

points

Sandia Corporation manufactures metal toolboxes. It adds all materials at the beginning of the manufacturing process. The company

has provided the following information:

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.

b$.$ Calculate the number of equivalent units.

c$.$ Calculate the cost per equivalent unit.

d$.$ Reconcile the total cost of work in process.

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