Problem J50 points) Purple Apron, Inc. produces a product that passes through two departments: mixing and cooking. In the mixing department, all direct materials are added at the beginning of the process. All other manufacturing inputs are added uniformly. The following information pertains to the mixing department for February a. Beginnineworkin process , February 1: 100,000 pounds, 100% complete with respect to direct materials and 40 percent complete with respect to conversion costs. The costs assigned to this work are as follows: Direct Materials Direct Labor Overhead $20,000 10,000 30,000 b. Ending work in process, February 28: 50,000 pounds, 100% completed with respect to direct materials and 60% complete with respect to conversion costs Units completed and transferred out: 370,000 pounds. The following costs were added during the month Direct Materials Direct Labor Overhead c. $211,000 100,000 270,000 Required Part A: Assuming both departments use the weighted average method 1) Prepare a physical flow schedule 2) Prepare a schedule of equivalent units 3) Compute the cost of per equivalent unit (3 decimal places) 4) Compute the cost of goods transferred out and the cost of ending work in process 5) Prepare a cost reconciliation Part B: Assuming both departments employ the FIFO method 6) Prepare a physical flow schedule 7) Compute the equivalent units manufactured 8) Compute the cost per equivalent unit (3 decimal places) 9) Compute the cost of goods transferred out and the cost of ending work in process 10) Prepare a cost reconciliation