Exercise 17-42 (Algorithmic) Nonuniform Inputs, Transferred-In Cost

Drysdale Dairy produces a variety of dairy products. In Department 12, cream (transferred in from Department 6) and other materials (sugar and flavorings) are mixed and churned to make ice cream. The following data are for Department 12 for August:

Production:
Units in process, August 1, 30 percent complete*	40,000
Units completed and transferred out	140,000
Units in process, August 31, 70 percent complete*	30,000

*With respect to conversion costs.

1. Prepare a physical flow schedule for the month.

2. Using the Weighted Average Method, calculate equivalent units for the following categories: transferred-in, materials, and conversion.

SHOW ALL STEPS TAKEN TO GET THE ANSWER PLEASE

Drysdale Dairy Physical FlowSchedule For the Month ofAugust Units to account for: Units in beginning work in process Units started Total units to account for Units to account for: Units transferred out Units in ending work in process Total units to account for