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1. Prepare a physical flow schedule. If an answer is zero, enter " 0 ". vclinex My Wirk 1. A physical flow schedule shows the units to account for and what happened to them. b. The journal entry for transferring costs from Plate Cutting to Welding Feedoick Theos My Woric 4b. Unit cost = Costs of the peciod Output of the period c. The cost assigned to units in ending inventory, Round your answers to the nearest cent. Fetedtiack T CDeck My Work A c. The cott of goods (services) transforred out is the unit cost multiplied by the units completed. The cost of Ewip is the unit cost multiplied by the equivalent units found in EWTP, The partially completed unite and all their associated costs are transferred to the nextiprocess (department) by debiting the Wiflaccount of the process (department) receiving the unit and crediting the WIP account of the transferring process (department). Physical Flow, Equlvalent Units, Unit Costs, No Beginning WIP Inventory, Activity-Based Costing, DBC Mckay, Inci, produces a subassembly used in the production of hydraulic cylinders. The subassemblies are produced in three departments: Plate Cutting, Rod Cutting, and Welding. Materials are added at the beginning of the process. Overhead is applied using the following drivers and activity rates: During the first quarter, the Plate Cutting Department used 22,200 hours (direct, indirect, and machine hours) to produce the quarter's output: Other quarterly data for the Plate Cutting Department are as follows: 2. Calculate equivalent units of production for: 3. Calculate unit costi for the following. Round your answers to the nearest cent. 4. Provide the following information: a. The total cost of units transferred out. 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)? perhour c. What is the conversion cost per unit, using duration-based costing (round to the nearest cent)? d. According to production engineering, If efficiency were increased to an ideal level, than the cycle time should be 0.20 hours. If this were to occur, what would the cost per plate be? (round to the nearest cent)? X Identify the data analytic types (descriptive, diagnostic, predictive, or prescriptive) that apply to parts a. through d, (see Exhibit 2,5 and Exhibit 2.6 for a review of data analytic metrics). Note: More than one data analytic type might apply. The first three calculations are x in nature. The last calculation has elements of x