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FYI the dropdown answer options for the last sentence are (diagnostic, descriptive, prescriptive, predictive). Select one per blank. Physical Flow, Equivalent Units, Unit Costs, No
FYI the dropdown answer options for the last sentence are (diagnostic, descriptive, prescriptive, predictive). Select one per blank.
Physical Flow, Equivalent Units, Unit Costs, No Beginning WIP Inventory, Activity-Based Costing, DBC beginning of the process. Overhead is applied using the following drivers and activity rates: follows: Required: 1. Prepare a physical flow schedule. If an answer is zero, enter " 0 ". 2. Calculate equivalent units of production for: 3. Calculate unit costs for the following. Round 4. Provide the following information: a. The total cost of units transferred out s b. The joumal entry for transferring costs from Plate Cutting to Welding c. The cost assigned to units in ending inventory. Round your answers to the nearest cent. s 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 per unit b. What is the conversion cost rate for the first quarter, using total conversion costs and total time (round to the nearest cent)? per hour c. What is the conversion cost per unit, using duration-based costing (round to the nearest cent)? s might apply. The first three calculations are in nature. The last calculation has elements ofStep by Step Solution
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