Physical Flow, Equivalent Units, Unit Costs, No Beginning WIP Inventory, Activity-Based Costing Lacy, Inc, produces a subassembly used in the productio of hydrauic cylinders, Tthe subassemablies are produced in three Rod Cutting, and Welding. Materials are added at the beginning of the process. Overhead is applied using the following drivers and activity rates: Actual Usage (by Plate Cutting) Driver Direct labor cost Inspection hours Purchase orders Other data for the Plate Cutting Department are as follows: Beginning work in process Units started Direct materials cost Units, ending work in process (100% Rate 140% of direct labor $40 per hour $1,000 per order $732,000 7,450 hours 800 orders 750,000 $6,750,000 materials; 64% conversion) 50,000 1. Prepare a physical flow schedule. If an answer is zero, enter "0" 203 PM