Please correct the incorrect responses.

b. The journal entry for transferring costs from Plate Cutting to Welding 2. Calculate equivalent units of production for: 3. Calculate unit costs for the following. Round your answers to the nearest cent. a. Direct materials b. Conversion costs c. Total manufacturing X per unit X per unit per unit 4. Provide the following information: a. The total cost of units transferred out $ X 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: During the first quarter, the Plate Cutting Department used 25,300 hours (direct, indirect, and machine hours) to produce the quarter's output. Other quarterly data for the Plate Cutting Department are as follows: Required: 1. Prepare a physical flow schedule. If an answer is zero, enter "0". c. The cost assigned to units in ending inventory. Round your answers to the nearest cent. $x McKay, Inc. Physical flow schedule Units to account for: Units, beginning WIP Units started Total units to account for Units accounted for: Units started x Units, ending WIP Total units accounted for 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)? X 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)? X per hour c. What is the conversion cost per unit, using duration-based costing (round to the nearest cent)? X 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)? 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