Please show all the steps and formulas :)

Units:
	Beginning Work-in-Process	50,000
	Ending Work-in-Process	65,000
	Units started during the period	200,000
Percentage completion:		Materials	Conversion
	Beginning Work-in-Process	35%	25%
	Ending Work-in-Process	60%	30%
Costs:		Materials	Conversion
	Beginning Work-in-Process	$ 18,010	$ 139,990
	Costs added during the period	$ 560,000	$ 225,000

1. Compute the number of units completed and transferred out to Finished Goods:

2. Compute equivalent units of production for materials and for conversion costs

		Materials		Conversion
Units completed
Ending WIP
Total

3. Compute the costs per equivalent unit for materials and for conversion costs

Materials		Conversion

4. Assign costs to units completed and transferred to Finished Goods and to units in ending work-in-process

Units completed and transferred to Finished Goods					Ending work-in-process

5.

Complete the Cost Reconciliation Report as indicated below (1 point)
	Costs to be accounted for
		Cost of beginning WIP
		Costs added during the period
		Total Costs to be accounted for
	Costs accounted for
		Cost of ending WIP
		Cost of units transferred out
		Total costs accounted for