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Powers Inc. produces a protein drink. The product is sold by the gallon. The company has two departments: Mixing and Bottling. For August, the bottling
Powers Inc. produces a protein drink. The product is sold by the gallon. The company has two departments: Mixing and Bottling. For August, the bottling department had 67,500 gallons in beginning inventory (with transferred-in costs of $283,000) and completed 202,000 gallons during the month. Further, the mixing department completed and transferred out 257,000 gallons at a cost of $612,000 in August. Required: 1. Prepare a physical flow schedule for the bottling department. Powers Inc. Physical Flow Schedule - Bottling Department For the Month of August Physical flow schedule: Units in beginning work in process 67,500 Units started during the period 257,000 Total units to account for 324,500 Units completed and transferred out: Units started and completed Units completed from beginning work in process 67,500 Units in ending work in process Total units accounted for Feedback Check My Work Review the "How to Calculate the Physical Flow Schedule, Equivalent Units, and Unit Costs with Transferred-In Goods" example in your text. 2. Calculate equivalent units for the transferred-in category. equivalent units 3. Calculate the unit cost for the transferred-in category. If required, round your answer to the nearest cent. nor unit
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