Stilton Audio is a producer of speakers and amplifiers which are housed in plastic cabinets. Currently production of the plastic cabinets as well as final product assembly is completed in-house. For accounting purposes, Stilton Audio uses the weighted average method, where plastic cabinets and speaker and amplifier components are added at the beginning of the assembly process.

The following are cost and production data for the assembly process for April:

Production:

Units in process, April 1, 60 percent complete............60,000

Units completed and transferred out......................150,000

Units in process, April 30, 20 percent complete...........30,000

Costs:

WIP, April 1:

Plastic cabinets............................................$1,200,000

Speaker and amplifier components.....................12,600,00

Conversion costs..........................................5,400,000

Costs added during April:

Plastic cabinets............................................2,400,000

Speaker and amplifier components...................25,200,000

Conversion costs..........................................8,640,000

Required:

1. Prepare a physical flow analysis for the assembly department for the month of April.

2. Calculate equivalent units of production for the assembly department for the month of April.

3. Calculate unit cost for the assembly department for the month of April.

4. Calculate the cost of units transferred out and the cost of EWIP inventory.

5. Prepare a cost reconciliation for the assembly department for the month of April.