Please complete all 8 parts. Use the weighted average method of process costing for PART ONE, and the FIFO method of process costing for PART TWO.

! Required information [The following information applies to the questions displayed below.] Saddleback Company makes camping lanterns using a single production process. All direct materials are added at the beginning of the manufacturing process. Information for the month of March follows: Costs Units 121,300 Beginning work in process (30% complete) Direct materials $ 199,000 351,000 Conversion cost Total cost of beginning work in process $ 550,000 Number of units started 250,000 335,500 Number of units completed and transferred to finished goods Ending work in process (65% complete) ? Current period costs Direct materials Conversion cost $ 514,400 655,000 1,169,400 Total current period costs 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 Completed Ending Units Units Started Total Units 0 0 Total Units Req 1A Req 1B Req 1C Req 1D Using the weighted-average method of process costing, calculate the number of equivalent units. Equivalent Units Physical Units Direct Materials Conversion Units Completed Ending Inventory Total 0 0 0 Req 1A Req 1B Req 1C Req 1D Using the weighted-average method of process costing, calculate the cost per equivalent unit. Note: Round Cost per Equivalent Unit to 5 decimal places. Direct Materials Conversion Cost per Equivalent Unit Req 1A Req 1B Req 1C Req 1D Using the weighted-average method of process costing, reconcile the total cost of work in process. Note: Use Cost per Equivalent Unit rounded to 5 decimal places and round your final answers to the nearest dollar amount. Direct Materials Conversion Total Cost Units Completed Ending Inventory Total Cost Accounted for $ 0 $ 0 $ 0 Saddleback Company makes camping lanterns using a single production process. All direct materials are added at the beginning of the manufacturing process. Information for the month of March follows: Costs Beginning work in process (30% complete) Units 121,300 Direct materials. Conversion cost $ 199,000 351,000 Total cost of beginning work in process $ 550,000 Number of units started. 250,000 335,500 Number of units completed and transferred to finished goods Ending work in process (65% complete) ? Current period costs Direct materials Conversion cost $ 514,400 655,000 1,169,400 Total current period costs Required: 1. Using FIFO 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 FIFO method of process costing, reconcile the number of physical units worked on during the period. Physical Units Physical Units Beginning Units Units Completed Ending Units Units Started Total Units 0 Total Units 0 Required: 1. Using FIFO 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 FIFO method of process costing, calculate the number of equivalent units. Equivalent Units Physical Units Direct Materials Beginning Inventory Started and Completed Ending Inventory Total 0 0 Conversion 0 Req 1A Req 1B Req 1C Req 1D Using FIFO method of process costing, calculate the cost per equivalent unit. Note: Round Cost per Equivalent Unit to 5 decimal places. Direct Materials Conversion Cost per Equivalent Unit Req 1A Req 1B Req 1C Req 1D Using FIFO method of process costing, reconcile the total cost of work in process. Note: Use Cost per Equivalent Unit rounded to 5 decimal places and round your final answers to the nearest whole dollar amount. Current Period Costs Prior Period Costs Total Cost Direct Materials Conversion Beginning Inventory Started and Completed Ending Inventory Total Cost Accounted for $ $ 0 0 $ 0 $ 0