Seved Help Save & Exit Sub Check my wor Exercise 4-19 Physical Flow and Equivalent Units; Weighted-Average (LO 4-1, 4-3) The Evanston plant of Fit-for-Life Foods Corporation produces low-fat salad dressing. The following data pertain to the year just ended Percentage of Completion Direct Material Conversion Units 80% 708 50 20 Work in process, January l 46,000 1lb Work in process, December 31 40,00o 1b. During the year, the company started 150,000 pounds of material in production Required: Prepare a schedule analyzing the physical flow of units and computing the equivalent units of both direct material and conversion for the year. Use weighted-average process costing. CALCULAT?ON OF EQUIVALENT UNITS, FIT-FOR-UFE FOODS CORPORATION Weighted-Average Method Percentage of Completion Equivalent Units Physical Direct ConversionMaterial Units Material Conversion Total units to account for