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: Beginning work in process (30% complete) Direct materials Conversion cost Units 127,800 Costs $ 182,000 334,000 Total cost of beginning work in process $ 516,000 Number of units started 233,000 Number of units completed and transferred to finished goods 333,800 Ending work in process (65% complete) Current period costs. Direct materials Conversion cost Total current period costs $ 497,400 638,000 $1,135,400 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 ere to search < Prev 2 of 2 Next 25F 0 Using FIFO method of process costing, calculate the number of equivalent units. Beginning Inventory Started and Completed Ending Inventory Total Equivalent Units Physical Units Direct Materials Conversion 127,800 0 206,000 206,000 27,000 27,000 360,800 233,000 0 < Req 1A Req 1C > 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 cost per equivalent unit. (Round places.) Direct Materials Conversion Cost per Equivalent Unit < Req 1B Req 1D > Using FIFO method of process costing, reconcile the total cost of work in process. (Use Cost per Equi decimal places and round your final answers to the nearest whole dollar amount.) Current Period Costs Prior Period Direct Materials Conversion Total Cost Costs Beginning Inventory $ 516,000 $ 0 Started and Completed 0 497,400 Ending Inventory 0 Total Cost Accounted for $ 516,000 $ 497,400 $ 0 < Req 1C