$1$ Prepare a physical flow analysis for the assembly department for the month of April. $6$

$2$ Calculate equivalent units of production for the assembly department for the month of April. $4$

$3$ Calculate unit cost for the assembly department for the month of April. $6$

$4$ Calculate the cost of units transferred out and the cost of EWIP inventory. $4$

$20$

Problem $6-58$ Steps in Preparing a Production Report

Recently, Stillwater Designs expanded its market by becoming an original equipment supplier to Jeep

Wrangler. Stillwater Designs produces factory upgraded speakers specifically for Jeep Wrangler.

The Kicker components and speaker cabinets are outsourced with assembly remaining in house.

Stillwater Designs assembles the product by placing the speakers and other components in cabinets

that define an audio package upgrade and that can be placed into the Jeep Wrangler, producing the

desired factory$-$installed appearance. Speaker cabinets and associated Kicker components are added

at the beginning of the assembly process.

Assume that Stillwater Designs uses the weighted average method to cost out the audio package. The

following are cost and production data for the assembly process for April:

Description Numerical Data

Production:

Units in process, April $1,60\%$ complete $60,000$

Units completed and transferred out $150,000$

Units in process, April $30,20\%$ complete $30,000$

Costs:

WIP, April $1$:

Cabinets $$1,200,000$

Kicker components $12,600,000$

Conversion costs $5,400,000$

Costs added during April:

Cabinets $$2,400,000$

Kicker components $25,200,000$

Conversion costs $8,640,000$

Required:

$1.$ Prepare a physical flow analysis for the assembly department for the month of April.

$2.$ Calculate equivalent units of production for the assembly department for the month of April.

$3.$ Calculate unit cost for the assembly department for the month of April.

$4.$ Calculate the cost of units transferred out and the cost of EWIP inventory.

$5.$ Prepare a cost reconciliation for the assembly department for the month of April.