$!$

Required information

SB $($Algo$)$ Calculating Equivalent Units, Cost per Equivalent Unit, Reconeiling the Cost of Work in Process $[$LO $3-2,3-4]$

$[$The following information applies to the questions displayed below$]$

Ridgecrest Company manufactures plastic storage crates and has the following information available for the month of Aprit:

Work in process, April $1$

$(1$eex complete for materials, $40$x for conversion$)$

Direct materials

Conversion cost

Number of units started

April costs

Direct materials

Conversion cost

Work in process, April $30$

$(18$ex complete for materials, $20$x for conversion$)$

E$3-9($Algo$)$ Weighted$-$Average Method $[$LO $3-2]$

Required:

Using the weighted$-$average method of process costing, complete each of the following steps:

Reconcile the number of physical units worked on during the period.

$2$ Calculate the number of equivalent units.

$3.$ Calculate the cost per equivalent unit.

$4.$ Reconcile the total cost of work in process.

Required $1$

Pequired $2$

Required $3$

Using the weighted$-$average method, reconcile the namber of physical units warked on during the period.

Using the wreighted$-$average method. calculate the number of equivalent units.

$\backslash$table$[[,$Physieal Units,Equivalent Units$],[$Direct Materials,Conversion$],[$Units Completed,$31,000,,],[$Ending Irwentery,$95\mathrm{.}200,,],[$Total Units,$120,800,,9]]$

Required $1$

Using the weighted$-$average method, calculate the cost per equivalent unit. Note: Round your answers to $S$ decimal places.

$\backslash$table$[[,$Direct Matsrialt,Conversion$],[$Cost per Equira$*+$nl Unit,,$]]$

Required $2$

Required: :

Required $4$

Using the weighted$-$average method, reconcile the total cost af wark in pracess.

Nate: Use Cosit per Equivalent Unit rounded to $5$ decimal places and your final answers to the mearest whole dollar amount.