Exercise 6.14 Physical Flow, Equivalent Units, Unit Costs, No beginning vir inventor Activity-Based Costing Lacy, Inc. produces a subassembly used in the production of hydraulic cylinders. The subassem blies are produced in three departments: Plate Cutting, Rod Cutting, and Welding. Materials are added at the beginning of the process. Overhead is applied using the following drivers and activity rates: Driver Rate Direct labor cost 150% of direct labor Inspection hours S40 per hour Purchase orders $1,000 per order Other data for the Plate Cutting Department are as follows: Actual Usage (by Plate Cutting) $ 732,000 7,450 hours 800 orders Beginning work in process Units started Direct materials cost Units, ending work in process (100% materials: 64% conversion) 750,000 $6,000,000 50,000 Chapter 6 Proces Required:onibns bastu bomsterist Diaboo Barriosus borbo 1. Prepare a physical flow schedule. 2. Calculate equivalent units of production for: p o bortom OHF od 2021 YILE svi po gniwollol od misqob gm a. Direct materials b. Conversion costs 0910 3. Calculate unit costs for:in in process and the cost a. Direct materials b. Conversion costshodn ostaluation Good c. Total manufacturing Ozon 4. Provide the following information: a. The total cost of units transferred out D. The journal entry for transferring costs from Plate Cutting to Welding C. The cost assigned to units in ending inventory