FEO Method, Physical Flow, Buivalent Units, Unit Costs Cost Assignment Swasey Fabrication, Inc., manufactures frames for bicycles. Each frame pass through the processes: Cutting, Wers, and Painting. In September, the Cutting Department of the Tulsa, Oklahoma, plant reported the following data: in Cutting all direct materials are added at the beginning of the process Borsoningen. 20 persentas, respect to dres labor and overhead Coinbaghning inventory included direct materia, 1,215,000, direct laber, 222,000; and applied overtal, 1150,000 53.575,000; director 4,050 Overhead was signed using the following information Activity Rate ActualDriver Usage Inspection $150 per inspection hour 4,000 inspection hours Maintenance $750 per maintenance hour 1,600 maintenance hours Receiving $300 per receiving order 2,000 receiving orders d. At the end of the month, 121,000 units were transferred out to wielding, leaving 14,000 units in ending work in process, or 25 percent complete. Asume that the Faro method is used. Required: 1. Prepare a physical schedule Swasey Fabrication, Inc. Physical Flow Schedule Units to account for Units, beginning work in process Units completed and transferred out Total units to account for Units accounted for Unite completed and transferred out Units, ending work in process Total units accounted for 2. Calculate equivalent units of prod for direct materials and conversion Equivalent Units Direct 3. Computent contendunt costs final answer to the decimal places per un Calculate the cost of goods transferred to Painting at the end of the month. In your calculations, round unt costs to the decimal places. Round your final awer to the nearest dollar Calculate the cost of ending inventory in your callions, round unit costs to three decimal places. Round your final answer to the nearest dollar FEO Method, Physical Flow, Buivalent Units, Unit Costs Cost Assignment Swasey Fabrication, Inc., manufactures frames for bicycles. Each frame pass through the processes: Cutting, Wers, and Painting. In September, the Cutting Department of the Tulsa, Oklahoma, plant reported the following data: in Cutting all direct materials are added at the beginning of the process Borsoningen. 20 persentas, respect to dres labor and overhead Coinbaghning inventory included direct materia, 1,215,000, direct laber, 222,000; and applied overtal, 1150,000 53.575,000; director 4,050 Overhead was signed using the following information Activity Rate ActualDriver Usage Inspection $150 per inspection hour 4,000 inspection hours Maintenance $750 per maintenance hour 1,600 maintenance hours Receiving $300 per receiving order 2,000 receiving orders d. At the end of the month, 121,000 units were transferred out to wielding, leaving 14,000 units in ending work in process, or 25 percent complete. Asume that the Faro method is used. Required: 1. Prepare a physical schedule Swasey Fabrication, Inc. Physical Flow Schedule Units to account for Units, beginning work in process Units completed and transferred out Total units to account for Units accounted for Unite completed and transferred out Units, ending work in process Total units accounted for 2. Calculate equivalent units of prod for direct materials and conversion Equivalent Units Direct 3. Computent contendunt costs final answer to the decimal places per un Calculate the cost of goods transferred to Painting at the end of the month. In your calculations, round unt costs to the decimal places. Round your final awer to the nearest dollar Calculate the cost of ending inventory in your callions, round unit costs to three decimal places. Round your final answer to the nearest dollar