Ridgecrest Company manufactures plastic storage crates and hasthe following information available for the month of April: Work inprocess, April 1 (100% complete for materials, 47% for conversion)23,600 units Direct materials $ 20,000 Conversion cost $ 23,000Number of units started 49,400 units April costs Direct materials $61,800 Conversion cost $ 98,800 Work in process, April 30 (100%complete for materials, 22% for conversion) 17,000 units Required:Using the weighted-average method of process costing, complete eachof the following steps: 1. Reconcile the number of physical unitsworked on during the period. 2. Calculate the number of equivalentunits. 3. Calculate the cost per equivalent unit. (Round youranswers to 5 decimal places.) 4. Reconcile the total cost of workin process. (Use Cost per Equivalent Unit rounded to 5 decimalplaces and your final answers to the nearest whole dollaramount.)
