Please Explain How You Got Your Answer:)

Glencove Co. makes one model of radar gun used by law enforcement officers. All direct materials are added at the beginning of the manufacturing process. Information for the month of September follows: Units ? Costs $ 1,336,500 625,800 $ 1,962,300 Beginning work in process (40% complete) Direct materials Conversion cost Total cost of beginning work in process Number of units started Number of units completed and transferred to finished goods Ending work in process (75% complete) Current period costs Direct materials Conversion cost Total current period costs 36,400 34,800 21,850 $ 2,402,400 1,266,500 $3,668,900 Required: 1 & 2. 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. Physical Units Physical Units Beginning Units Units Started Total Units Units Completed Ending Units Total Units b. Calculate the number of equivalent units. (Round your answers up to the nearest whole unit.) Equivalent Units Direct Materials Conversion Physical Units Units Completed Ending Inventory Total b. Calculate the number of equivalent units. (Round your answers up to the nearest whole unit.) Equivalent Units Physical Units Direct Materials Conversion Units Completed Ending Inventory Total c. Calculate the cost per equivalent unit. (Round cost per Equivalent Unit to 5 decimal places.) Direct Materials Conversion Cost per Equivalent Unit d. 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.) Direct Materials Conversion Total Cost Units Completed Ending Inventory Total Cost Accounted for eBook & Resources