Weighted Average Method, Physical Flow, Equivalent Units, Unit Costs, Cont Assignment, AIC Swasey Fabrication, Inc., manufactures frames for bicydes. Each frame pass through the processes Cutting Welding, and Painting. In September, the cutting Department of the Tulsa, Oklahoma, plant reported the following data In Cutting, al direct materials are added at the beginning of the process 5. Beginning work in process consisted of 41,500 unts, 20 percent complete with respect to direct laber and overheed. Costs in beginning inventory included direct materials, $1,205.000 direct inber, 222.000; and applied overhead, $150,000 Costs added to production during the month were direct materials, $2,704,200; direct labor, 53,457,200. Overhead was assigned using the following information Activity Rate Actual Driver Usage Inspection $150 per section 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, 121,200 units were transferred out to Welding, leaving 13,600 unitsin ending work in process, or 25 percent complete Required: 1. Prepare a physical flow schedule. Swasey Fabrication, Inc. Physical Flow Schedule Units to account for: Units-heginning work in process Units started transferred in Total units to account for Units accounted for Units completed and transferred out 100 1111 Cuck My Work Previous Next > All work saved Save and the Submit Auipment for Grading MacBook Air 30 DRS 24 . + 7 C FO FE eBook Units started transferred in so UN 134.00 Total units to account for Units accounted for: Units completed and transferred out E Units ending work in process Total units accounted for 11.10 11 13 1. The physical flow schedule trace the units in proces regardless of their stage of completion and provides the information needed for preparing the equivalent is schedule 2. Coule equivalent units er production for direct materials and conversion costs. Equivalent units Direct Materials 134.800 Conversion as 124.600 3. Compute unit cost under weighted average un direct materials cout Un conversion costs Tot unit cost Ched: My Work Previous Next > AB sved Save and Submit Assignment for Grading MacBook Air 80 no ** U C 800k 3. Compute unit cost under weighted average. Unit direct materials Un conversion costs Total unit cost 4. Calculate the cost of goods transferred to Welding at the end of the month. Calculate the cost of ending inventory Cost of goods transferred out Ending WIP WOW Pyret 5. Prepare the journal entry that transfer the goods from Cutting to Weiding Werk in Process Welding 30 x Work in Processing My w Para come CHY Previous Next > All work saved Save and Submission for Gran MacBook Air DDU F3 Weighted Average Method, Physical Flow, Equivalent Units, Unit Costs, Cont Assignment, AIC Swasey Fabrication, Inc., manufactures frames for bicydes. Each frame pass through the processes Cutting Welding, and Painting. In September, the cutting Department of the Tulsa, Oklahoma, plant reported the following data In Cutting, al direct materials are added at the beginning of the process 5. Beginning work in process consisted of 41,500 unts, 20 percent complete with respect to direct laber and overheed. Costs in beginning inventory included direct materials, $1,205.000 direct inber, 222.000; and applied overhead, $150,000 Costs added to production during the month were direct materials, $2,704,200; direct labor, 53,457,200. Overhead was assigned using the following information Activity Rate Actual Driver Usage Inspection $150 per section 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, 121,200 units were transferred out to Welding, leaving 13,600 unitsin ending work in process, or 25 percent complete Required: 1. Prepare a physical flow schedule. Swasey Fabrication, Inc. Physical Flow Schedule Units to account for: Units-heginning work in process Units started transferred in Total units to account for Units accounted for Units completed and transferred out 100 1111 Cuck My Work Previous Next > All work saved Save and the Submit Auipment for Grading MacBook Air 30 DRS 24 . + 7 C FO FE eBook Units started transferred in so UN 134.00 Total units to account for Units accounted for: Units completed and transferred out E Units ending work in process Total units accounted for 11.10 11 13 1. The physical flow schedule trace the units in proces regardless of their stage of completion and provides the information needed for preparing the equivalent is schedule 2. Coule equivalent units er production for direct materials and conversion costs. Equivalent units Direct Materials 134.800 Conversion as 124.600 3. Compute unit cost under weighted average un direct materials cout Un conversion costs Tot unit cost Ched: My Work Previous Next > AB sved Save and Submit Assignment for Grading MacBook Air 80 no ** U C 800k 3. Compute unit cost under weighted average. Unit direct materials Un conversion costs Total unit cost 4. Calculate the cost of goods transferred to Welding at the end of the month. Calculate the cost of ending inventory Cost of goods transferred out Ending WIP WOW Pyret 5. Prepare the journal entry that transfer the goods from Cutting to Weiding Werk in Process Welding 30 x Work in Processing My w Para come CHY Previous Next > All work saved Save and Submission for Gran MacBook Air DDU F3