PA3-1 Preparing a Process Costing Production Report (Weighted-Average Method) [LO 3-2, 3-3, 3-4 Sandia Corporaion manufactures metal toolbaxes. It adds al materlals at the beginning of the manufacturing process. The company has provided the folowing information Units 43,000 Costs Beginning work in process (25 % complete) Direct materials Conversion cost S 34,000 93,000 Tetal cont of beginning wark in process $127,000 Number of units starled Number of unts completed and transfemed to finished goods Ending work in process (58 % complete) Current period costs Direct malerials Conversion cont Total current period costs. 79,000 80,000 S 91,000 163.000 $254,000 Required 1&2. Using the weighted-average method of process costing, complete each of the folowing steps a. Reconcile the number of physical units worked on during the period. Physical Units Physical Units Beginning Units 43,000 Units Completed 43,000 Units Started 79.000 Ending Units 80.000 Total Units 122,000 Total Units 123.000 b. Calculate the number of equivalent units Equivalent Unite Physical Units Direct Materiels Conversion Unils Compleled 42,000 42,000 MacBookAir