PA3-1 (Static) Preparing a Process Costing Production Report (Weighted-Average Method) [LO 3-2, 3-3, 3-4] Sandia Corporation manufactures metal toolboxes. It adds all materials at the beginning ofthe manufacturing process. The company has provided the following information: Units Costs Beginning work in process (30% complete) 80,000 Direct materials $ 80,000 Conversion cost 190,000 Total cost of beginning work in process $270.000 Number of units started 152,000 Number of units completed and transferred to , finished goods Ending work in process (50% complete) 68,000 Current period costs Direct materials $180,000 Conversion cost 314,000 Total current period costs $494.000 I Requhed: 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. Using the weighted-average method of process costing, reconcile the number of physical units worked on during the period. Beginning Units 80,000 Units Started 152,000 Total Units 232,000 Total Units 0 Units Completed Ending Units Equivalent Units Physical Units Direct Materials Conversion Units Completed Ending Inventory Total 0 0 0Using the weighted-average method of process costing, calculate the cost per equivalent unit. (Round Cost per Equivalent Unit to 5 decimal places.) 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.) Units Completed __