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Accounting

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Ridgecrest Company manufactures plastic storage crates and has the following information available for the month of April:
Work in process, April 1
(100% complete for materials, 40% for conversion)31,800 units
Direct materials $ 48,600
Conversion cost $ 66,600
Number of units started 95,400 units
April costs
Direct materials $ 136,200
Conversion cost $ 202,200
Work in process, April 30
(100% complete for materials, 20% for conversion)48,600 units
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.
Complete this question by entering your answers in the tabs below.
Required 1
Required 2
Using the weighted-average method, reconcile the total cost of work in process.
Note: Use Cost per Equivalent Unit rounded to 5 decimal places and your final answers to the nearest
\table[[,\table[[Direct],[Materials]],Conversion,Total Cost],[Units Completed,$,78,600,$,239,619,$,353,805],[Ending Inventory,,1,$,29,580,,100,195],[Total Cost Accounted for,$,78,601,$,269,199,$,454,000]] Graham brings $30 to his local college volleyball game in order to purchase cheeseburgers and seltzer. The following diagram presents his budget
constraint: Complete this question by entering your answers in the tabs below.
Required 2
Using the weighted-average method, calculate the number of equivalent units.
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