Rade Company manufactures a product that passes through two processes. For the month of April, the first department had beginning work in process of 14,000 units. Ending work in process had 8,500 units, 25 percent complete with respect to conver- sion costs. During April, Rade started 40,000 units in process.
Required
1. Prepare a physical flow schedule.
2. Compute equivalent units for materials and for conversion cost.