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 Welding. Materials are added at the beginning of the process. Overhead is applied using the following drivers and activity rates: Driver Rate Actual Usage (by Plate Cutting) Direct labor cost 160% of direct labor $87,840 Inspection hours $40 per hour 4,002 hours Number of moves $100 per move 1,680 moves During the first quarter, the Plate Cutting Department used 27,600 hours (direct, indirect, and machine hours) to produce the quarter's output. Other quarterly data for the Plate Cutting Department are as follows: Beginning work in process, January 1 Units started 90,000 Direct materials cost $810,000 Units, ending work in process (100% materials; 64% conversion), March 31 6,000 Required: 1. Prepare a physical flow schedule. If an answer is zero, enter "0". McKay, Inc. Physical flow schedule Units to account for: - Select - - Select - Total units to account for fill in the blank cd89d5009fcdf84_5 Units accounted for: - Select - - Select - Total units accounted for fill in the blank cd89d5009fcdf84_10 2. Calculate equivalent units of production for: Equivalent Units a. Direct Materials fill in the blank 63d43d08cff1fa3_1 b. Conversion Costs fill in the blank 63d43d08cff1fa3_2 3. Calculate unit costs for the following. Round your answers to the nearest cent. a. Direct materials $fill in the blank 63d43d08cff1fa3_3 per unit b. Conversion costs fill in the blank 63d43d08cff1fa3_4 per unit c. Total manufacturing $fill in the blank 63d43d08cff1fa3_5 per unit 4. Provide the following information: a. The total cost of units transferred out $fill in the blank 63d43d08cff1fa3_6 b. The journal entry for transferring costs from Plate Cutting to Welding - Select - - Select - c. The cost assigned to units in ending inventory. Round your answers to the nearest cent. $fill in the blank cb46befd6fc5f90_1 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)? $fill in the blank 6a515e05d036fc6_1 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)? $fill in the blank 6a515e05d036fc6_2 per hour c. What is the conversion cost per unit, using duration-based costing (round to the nearest cent)? $fill in the blank 6a515e05d036fc6_3 d. According to production engineering, if efficiency were increased to an ideal level, then 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)? $fill in the blank 6a515e05d036fc6_4 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 in nature. The last calculation has elements of .