Seacrest Company uses a process costing system. The company manufactures a product that is processed in two departments: A and B. As work is completed, it is transferred out. All inputs are added uniformly in Department A. The following summarizes the production activity and costs for November: Department A 5,000 Beginning Inventories: Units in BWIP Costs of beginning WIP (BWIP) Direct materials $10,000 $6,900 Conversion costs Current production (in November): Units started Units transferred out Costs (in November): Direct materials 25,000 28,000 $57,800 $95,220 Conversion costs Additional Cost information: Unit cost for Department A Cost of EWIP Cost to finish units $5.54 $8,870 $16,632.60 1. Using the FIFO method, complete the physical flow schedule below for Department A. 11 points Seacrest Company--Department A Physical Flow Schedule For the Month of November Units to account for: Units in BWIP Units started in November Total units to account for Units completed and transferred out: Started and completed From BWIP 5,000 25,000 30,000 28,000 Units in EWIP Total units accounted for 2,000 30,000 2. Using the FIFO method, complete a cost reconciliation for Department A. Hint: remember "Total costs to account for" and Total costs accounted for" ideally should equal exactly. In reality, due to rounding, it is often close but not exact. Hint: For this problem, the two values should be off by about $1. 14 points Seacrest Company--Department A Cost Reconciliation For the Month of November Costs to account for: Costs of BWIP Costs incurred during November Total costs to account for $16,900 $153,020 $169,920 Costs accounted for: From prior period (Costs of BWIP) From current period (Cost to finish units) Costs of units started and completed Costs of EWIP Total costs accounted for $16,900 $16,632.60 $5.54 Hint: number of units started and completed at what cost per unit