PA3-1 (Algo) Preparing a Process Costing Production Report (Weighted Average Method) (LO 3-2, 3-3, 3- Sandia Corporation manufactures metal toolboxes. It adds all materials at the beginning of the manufacturing process. The company has provided the following information: Costs $ 38,000 89,000 $127,000 Units Beginning work in process (25% 37.000 complete) Direct materials Conversion cost Total cost of beginning work in process Number of units started 66,000 Number of units completed and transferred to finished goods Ending work in process (50% 73,000 complete) Current period costs Direct materials Conversion cost Total current period costs $ 82,000 159,000 $241,000 Required: 1. 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. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Req 1D Using the weighted average method of process costing, reconcile the number of physical units worked on during the period. Physical Units Physical Units Beginning Units Units Started Total Units C Units Completed Ending Units Total Units C o o Req 1B > Req 1A Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Req 1D Using the weighted average method of process costing, calculate the number of equivalent units. Equivalent Units Direct Physical Units Conversio Materials Units Completed Ending Inventory Total 0 . 1. 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. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Req 1D Using the weighted average method of process costing, calculate the cost per equivalent unit. (Round Cost per Equivalent Unit to 5 decimal places.) Direct Materials Conversio Cost per Equivalent Unit 1. 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. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req1c Req 1D Using the weighted average method of process costing, reconcile the total cost of work in process. (Use Cost per Equivalent Unit rounded to 5 decimal places and round your final answers to the nearest whole dollar amount.) Show less Direct Materials Conversion Total Cost Units Completed Ending Inventory Total Cost Accounted for $ 0 $ 0 $ 0