Prepare a schedule by analyzing the physical flow of units and calculating the equivalent units of both direct material and conversion for the year. Use weighted average process costing.

Healthy Life Styles, Inc.'s Milwaukee plant produces low-fat salad dressings. The following data correspond to the year that has just ended.

		Percentage of completion
	Units	direct material	Conversion
Work in progress, January 1	32,000 gallons	70%	60%
Work in progress, December 31	27,000 gallons	70%	30%

During the year the company began the production of 172,000 gallons of material.

Required:

Prepare a schedule by analyzing the physical flow of units and calculating the equivalent units of both direct material and conversion for the year. Use weighted average process costing.

Healthy Life Styles, Inc.'s Milwaukee plant produces low-fat salad dressings. The following data correspond to the year that has just ended.

		Percentage of completion
	Units	direct material	Conversion
Work in progress, January 1	32,000 gallons	70%	60%
Work in progress, December 31	27,000 gallons	70%	30%

During the year the company began the production of 172,000 gallons of material.

Required:

Prepare a schedule by analyzing the physical flow of units and calculating the equivalent units of both direct material and conversion for the year. Use weighted average process costing.