Calendar Reports 45 Sual-Madiso Chapter 8.0 w COM doch Weighted Average Method, FIFO Method, Physical Flow, Equivalent Units Heap Company manufactures a product that passes through two processes: Fabrication and Assembly. The following information was obtained for the Fabrication Department for September All materials are added at the beginning of the process 11. Beginning work in processad 64,100 units, 20 percent complete with respect to conversion costs c. Ending work in process had 19,500 units, 30 percent complete with respect to conversion costs d. Started in process, 106,200 units Required 1. Prepare a physical fow schedule Heap Company Physical Flow Schedule Units to account for Units, beginning work in process Units started Account Total units to account for Units accounted for Units come and transferred out Started and completed From beginning work in process Units, ding work in process Total units account for Che Wan All Grains MacBook Pro ** od + DO F + $ 4 % 5 & 7 ) 0 = 3 6 8 9 [ E E Y R P O T U I D F G H J L C ? 1 V B N M and Mastering Western Schedule Consulting Campus Tori University Cabato Church Heiligenhauny ACCT 361 BOOK Om Shah Calendar Q Reports & BOS 485 M Mal-Mado Chapter 8-0 eBook Units completed and transferred out: Started and completed From beginning work in process Units, ending work in process Total units accounted for Feedback 1. The physical flow schedule traces the units in process regardless of their stage of completion and provides the information needed for units schedule 2. Compute equivalent units using the weighted average method Weighted average methode Equivalent Units Direct Materials Conversion Costs 3. Comote equivalent units using the FIFO method FIFO method: Equivalent Unita Direct Materials Conversion Costs Feedback sendi Check My Work Saving- Svendban Sant MacBook Pro 80 898 8 DU 2 $ 4 % 5 & 7 ( 9 3 6 8 0 W E R T Y U I 0 P P S DF G H. J J