Weighted Average Method, Physical Flow, Equivalent Units, Unit Costs, Cost Assignment, ABC the following data: a. In Cutting, all direct materials are added at the beginning of the process. applied overhead, $150,000. c. Costs added to production during the month were direct materials, $2,695,800; direct labor, $3,477,200. Overhead was assigned using the following information: 1. Prepare a physical flow schedule. 2. Calculate equivalent units of production for direct materials and conversion costs. 3. Compute unit cost under weighted average. 5. Prepare the journal entry that transfers the goods from Cutting to Welding