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:

	Units	Costs
Beginning work in process (30% complete)	126,800
Direct materials		$	184,000
Conversion cost			336,000
Total cost of beginning work in process		$	520,000
Number of units started	235,000
Number of units completed and transferred to finished goods	334,000
Ending work in process (65% complete)	?
Current period costs
Direct materials		$	499,400
Conversion cost			640,000
Total current period costs		$	1,139,400

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.

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
Units Started			Ending Units
Total Units			Total Units

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

Using the weighted-average method of process costing, calculate the cost per equivalent unit. (Round Cost per Equivalent Unit to 5 decimal places.)

	Direct Materials	Conversion
Cost per Equivalent Unit

Using the weighted-average method of process costing, 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 dollar amount.)

	Direct Materials	Conversion	Total Cost
Units Completed
Ending Inventory
Total Cost Accounted for