Nonuniform Inputs, Transferred$-$In Cost

Production:

Units in process, August $1,20\%$ complete$*$

Units completed and transferred out

Units in process, August $31,70\%$ complete$*$

$*$With respect to conversion costs.

Prepare a physical flow schedule for the month.

Drysdale Dairy

Physical Flow Schedule

For the Month of August

Units to account for:

Units in beginning work in process

Units started

Total units to account for

Units accounted for:

Units transferred out

Units in ending work in process

Total units accounted for

$40,000$

$120,000$

$30,000$

Using the weighted average method, calculate equivalent units for the following categories: transferred$-$in$,$ materials, and conversion.

Transferred$-$In

equivalent units

Materials

equivalent units

Conversion

equivalent units