sandia corporation manufactures metal toolboxes. it adds all materials at the beginning of the manufacturing process. the company has provided the following information: units costs beginning work in process (26% complete) 46,000 direct materials $ 49,000 conversion cost 104,000 total cost of beginning work in process $ 153,000 number of units started 83,000 number of units completed and transferred to finished goods ? ending work in process (54% complete) 80,000 current period costs direct materials $ 82,000 conversion cost 147,000 total current period costs $ 229,000 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. calculate the number of equivalent units. calculate the cost per equivalent unit. reconcile the total cost of work in process.
