Kirlen Company manufactures soluble plant fertilizer. Department 1 mixes the chemicals required for the fertilizer. The following data are for the year: LO3 

Beginning work in process =

Units started 92,500 Raw materials cost $277,500 Direct labor cost $50,680 Overhead applied $76,020 Units in ending work in process

(100% materials; 60% conversion) 5,000 Required:

1. Prepare a physical flow schedule.

2. Calculate equivalent units of production for:

a. Raw materials

b. Conversion 3. Calculate unit costs for:

a. Raw materials

b. Conversion costs

c. Total manufacturing costs 4. What is the total cost of units transferred out? What is the cost assigned to units in ending inventory?