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Northern Washington Lumber Company grows, harvests, and processes timber for use as building lumber. The following data pertain to the company's sawmill: Work-in-process inventory, January 1 direct materials: 60x, conversion: 40x) Work-in-process inventory, December 31 (direct materials: 70, conversion: 60%) 38,00 units 19,400 units During the year the company started 218,500 units in production Required: 1. Prepare a physical flow schedule. 2. Compute the number of equivalent units of both direct materials and conversion for the year, using the weighted-average method Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a physical flow schedule. Quantity Schedule (in units) Input Work-in-process inventory Units started Total units to account for Output Units completed Work-in-process inventory Total units accounted for 0 Hequired Required 2 > S. Northem Washington Lumber Company grows, harvests, and processes timber for use as building lumber. The following dato pertain to the company's Sawmill: Work-in-process inventory: January 1 (direct materialst be conversion 4x) Work-in-process inventory, December 31 (direct materials: 703 conversion sex) 39,80 units 19,40 units During the year the company started 218,500 units in production Required: 1. Prepare a physical flow schedule. 2 Compute the number of equivalent units of both direct materials and conversion for the year, using the welghted-average method Complete this question by entering your answers in the tabs below. Required 1 Required 2 Computo the number of equivalent units of both direct materials and conversion for the year using the weighted average method. Equivalent Units Direct materials Conversion