Sandia Corporation manufactures metal toolboxes. It adds all materials at the beginning of the manufacturing process. The company has provided the following...

HI,


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 (30% complete) 80,000     Direct materials   $ 80,000 Conversion cost     190,000 Total cost of beginning work in process   $ 270,000 Number of units started 152,000     Number of units completed and transferred to finished goods ?     Ending work in process (50% complete) 68,000     Current period costs       Direct materials   $ 180,000 Conversion cost     314,000 Total current period costs   $ 494,000 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. PA3-3 and PA3-4 (Algo) Preparing a Process Costing Production Report [LO 3-2, 3-3, 3-4, 3-S1] Skip to question [The following information applies to the questions displayed below.]   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) 119,800     Direct materials   $ 196,000 Conversion cost     348,000 Total cost of beginning work in process   $ 544,000 Number of units started 247,000     Number of units completed and transferred to finished goods 335,200     Ending work in process (65% complete) ?     Current period costs       Direct materials   $ 511,400 Conversion cost     652,000 Total current period costs   $ 1,163,400 PA3-3 (Algo) Weighted-Average Method [LO 3-2, 3-3, 3-4] 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.