Question: please answer ASAP ASH takeAssignmentMain.do?invokersassignments&take AssignmentSessionLocator assignment-take&inprogress=false eBook Calculator Print Item Physical Flow, Equivalent Units, Unit Costs, No Beginning WIP Inventory, Activity-Based Costing Lacy, Inc.,

please answer ASAP  please answer ASAP ASH takeAssignmentMain.do?invokersassignments&take AssignmentSessionLocator assignment-take&inprogress=false eBook Calculator Print Item
Physical Flow, Equivalent Units, Unit Costs, No Beginning WIP Inventory, Activity-Based Costing
Lacy, Inc., produces a subassembly used in the production of hydraulic cylinders.

ASH takeAssignmentMain.do?invokersassignments&take AssignmentSessionLocator assignment-take&inprogress=false eBook Calculator Print Item Physical Flow, Equivalent Units, Unit Costs, No Beginning WIP Inventory, Activity-Based Costing Lacy, Inc., produces a subassembly used in the production of hydraulic cylinders. The subassemblies 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 Actual Usage (by Plate Cutting) Rate Direct labor cost 180% of direct labor $732,000 Inspection hours $40 per hour 7,450 hours Purchase orders $1,000 per order 800 orders Other data for the Plate Cutting Department are as follows: 750,000 Beginning work in process Units started Direct materials cost Units, ending work in process (100% materials; 64% conversion) $6,000,000 50,000 Required: 1. Prepare a physical flow schedule. If an answer is zero, entero Lacy, Inc. Physical flow schedule Units to account for: Previous Next Check My Work 3 more Check My Work uses remaining Email restructor Save and Ex Subu Asiment for Grading egagenow.com/len/takeAssignment/takeAssignment Main.doinvoker assignments&take AssignmentSessionLocatoreassignment-takeinprogress-false eBook Unies to account or Calculator Print item Total units to account for Units accounted for Total units accounted for 2. Calculate equivalent units of production for: Equivalent Units a. Direct Materials b. Conversion Costs 3. Calculate unit costs for the following. Round your answers to the nearest cent. a. Direct materials per unit b. Conversion costs per unit C. Total manufacturing per unit 4. Provide the following information: a. The total cost of units transferred out Previous Next Check My Work 3 more Check My Work uses remaining Email Instructor Save and Ext Submit Assignment for Grad La culator Print item 2. Calculate equivalent units of production for: Equivalent Units a. Direct Materials b. Conversion Costs 3. Calculate unit costs for the following. Round your answers to the nearest cent. a. Direct materials per unit b. Conversion costs per unit c. Total manufacturing per unit 4. Provide the following information: a. The total cost of units transferred out b. The journal entry for transferring costs from Plate Cutting to Welding C. The cost assigned to units in ending inventory. Previous Check My Work 3 more Check My Work usos remaining Email Instructor Save and End Submit Assim ASH takeAssignmentMain.do?invokersassignments&take AssignmentSessionLocator assignment-take&inprogress=false eBook Calculator Print Item Physical Flow, Equivalent Units, Unit Costs, No Beginning WIP Inventory, Activity-Based Costing Lacy, Inc., produces a subassembly used in the production of hydraulic cylinders. The subassemblies 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 Actual Usage (by Plate Cutting) Rate Direct labor cost 180% of direct labor $732,000 Inspection hours $40 per hour 7,450 hours Purchase orders $1,000 per order 800 orders Other data for the Plate Cutting Department are as follows: 750,000 Beginning work in process Units started Direct materials cost Units, ending work in process (100% materials; 64% conversion) $6,000,000 50,000 Required: 1. Prepare a physical flow schedule. If an answer is zero, entero Lacy, Inc. Physical flow schedule Units to account for: Previous Next Check My Work 3 more Check My Work uses remaining Email restructor Save and Ex Subu Asiment for Grading egagenow.com/len/takeAssignment/takeAssignment Main.doinvoker assignments&take AssignmentSessionLocatoreassignment-takeinprogress-false eBook Unies to account or Calculator Print item Total units to account for Units accounted for Total units accounted for 2. Calculate equivalent units of production for: Equivalent Units a. Direct Materials b. Conversion Costs 3. Calculate unit costs for the following. Round your answers to the nearest cent. a. Direct materials per unit b. Conversion costs per unit C. Total manufacturing per unit 4. Provide the following information: a. The total cost of units transferred out Previous Next Check My Work 3 more Check My Work uses remaining Email Instructor Save and Ext Submit Assignment for Grad La culator Print item 2. Calculate equivalent units of production for: Equivalent Units a. Direct Materials b. Conversion Costs 3. Calculate unit costs for the following. Round your answers to the nearest cent. a. Direct materials per unit b. Conversion costs per unit c. Total manufacturing per unit 4. Provide the following information: a. The total cost of units transferred out b. The journal entry for transferring costs from Plate Cutting to Welding C. The cost assigned to units in ending inventory. Previous Check My Work 3 more Check My Work usos remaining Email Instructor Save and End Submit Assim

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!