The Evanston plant of Fit-for-Life Foods Corporation produces low-fat salad dressing. The following data pertain to the year just ended.

		Percentage of Completion
	Units	Direct Material			Conversion
Work in process, January 1	19,000 lb.		60	%		60	%
Work in process, December 31	16,000 lb.		60	%		25	%

During the year, the company started 170,000 pounds of material in production.

Required:

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