Mirada Company manufactures handheld calculators and has the following information available for the month of July: Work in process, July 1 (100% complete for materials, 25% for conversion) 124,000units Direct materials$238,000 Conversion cost$392,000 Number of units started 218,000units July costs Direct materials$424,000 Conversion cost$482,000 Work in process, July 31 (100% complete for materials, 10% for conversion) 142,000units Required: Using the weighted-average method of process costing, complete each of the following steps: 1. Reconcile the number of physical units worked on during the period. 2. Calculate the number of equivalent units. 3. Calculate cost per equivalent unit. 4. Reconcile the total cost of work in process.