uskoge Company uses a process-costing system. The company manufactures a product that is processed in two departments: Molding and Assembly. In the Molding Department, direct mate- nals are added at the beginning of the process; in the Assembly Department, additional direct materials are added at the end of the process. In both departments, conversion costs are incurred uniformly throughout the process. As work is completed, it is transferred out. The following table summarizes the production activity and costs for February: Molding Assembly 8,000 S 45,200 S 16,800 Beginning inventories: Physical units Costs 10,000 Transferred in Direct materials Conversion costs S 22,000 s13,800 Current production: Units started Units transferred out Costs: 25,000 30,000 35,000 Transferred in Direct materials Conversion costs S 56,250 $103,500 s 39,550 S136,500 Percentage of completion: Beginning inventory Ending inventory 40% 80 50% 50 Required: Fif mS 1. Using the prepare the following for the Molding Department: a. b. c. d. e. A physical flow schedule An equivalent units calculation Calculation of unit costs. Round to four decimal places. Cost of ending work in process and cost of goods transferred out A cost reconciliation