1. Prepare a physical fow schedtule. If an answer is zero, enter " 0 ". rowavinos 1. A phrsical flow schedude shows the unis to accesit for and whet happened to them: 2. Calculate equhalent units of production for: Physical Flow, Equivalent Units, Unit Costs, No Beginning WIP Inventory, Activity-Based Costing, DBC McKay, Inc., produces a subassembly used in the production of hydraulic cylinders, The subassemblies are produced in three departments: Plate Cutting, Rod Cutting, and Weiding. Materials are added at the beginning of the process. Overheod is applied using the following drivers and activity rates: During the first quarter, the Plate Cutting Department used 21,900 hours (direct, indirect, and machine hours) to produce the quarter's output: Other quarteriy data for the Plate Cutting Department are as follows: Required: 1. Prepore a physical flow schedulf. If an answer is zero, enter " 0 ". the process (department) receiving the unit and creaning the W1P account of the transferring process (departinent). 5. Suppose the plant manager asked the following Questions: a. What is the actual cycle time for the conversion cost output for the plate subassembly (round to four decimal places)? hours peri unit 1). What is the corversion cost rate for the firnt quartei, using total conversion costs and total time (round to the nearest cent)? per hour What is the convervion cost per unit, using duration-based costing (round to the nearest cent)? d. Accorong to groduction engineering, if embency were increased to an ideal lovel, then the cycie time should be 0.20 hours. If this were to occur, what would the cost per plate bet (round to the nearest cent)? anaivec metrics), cote: More than oce data analvic troe might opply. The fint thee calculations are in nature. The last calculaion nes eiements of eredictive and prescriptive v 4. Provide the following information: a. The totas cost of units transferred out 2. The equivalent units schedule measures the output of the genod. A fully completed unit is counted as a unit of outgut Output for a une in enaing work in. process is counted by its degree of completion. 3. Unt cost = Couta of the peniod + Outent of the period the process (department) receiving the unit and crediting the wip account of the transferring process (departmerk). b. The journat entry for transferring costs from Plate Cutting to Welding roweok My work 4 b. Unit cost = Costs of the period + Output of the period c. The cost assigned to units in ending inventory. Round your answers to the nearest cent. F x Fredbas roneck Mr Won 4 c. The cost of goods (Gervices) transferred out is the unit cont multipled by the units completed. The cost of EwIP is the unit cost multiplied by the equiv units found in EWIP, The partialiy completed units and all their associated costs ane transferred to the next process (department) by debiting the WIP accou the process (department) receiving the unit and crediting the Wit account of the transferring process (department). 5. Suppose the plant manager asked the following questions: a. What is the actual cycle time for the conversion cost output for the plate subsssembly (round to four decimat places)? hours per unit
