Ch 3 Homework Problem A The following data refer to a production center of Sipp-Fizz, a soft drink bottler: Work in process inventory, August 1, 4000 units including costs of: Direct materials $12,000 $.6,120 $8,000 Manufacturing overhead applied Units started in August 12,500 units Costs incurred in August: Direct materials $ 36,000 Direct labor 48,000 Manufacturing overhead applied $ 60,000 The beginning inventory was 100% complete for materials and 50% complete for conversion costs. The ending inventory on August 31 consisted of 6,000 units (100% complete for materials, 70% complete for conversion costs meaning direct labor and overhead). Required: a. Prepare the journal entries to record the costs incurred in August. b. Show the physical flow of units. c. Calculate the equivalent units of production for materials, direct labor, and overhead costs using the weighted average method