Heap Company manufactures a product that passes through two processes: Fabrication and Assembly. The following information was obtained for the Fabrication Department for September: a. All materials are added at the beginning of the process. b. Beginning work in process had 10,000 units, 30 percent complete with respect to conversion costs. c. Ending work in process had 17,000 units, 25 percent complete with respect to conversion costs. d. Started in process, 95,000 units. Required: 1. Prepare a physical now schedule Heap Company Physical Flow Schedule Units to account for Units, beginning work in process Units started 10.000 95.000 175.000 Total units to account for Units accounted for Units completed and transferred out Started and completed From beginning work in process Onion DIRECT Total units accounted for Units completed and transferred out: Started and completed From beginning work in process Units, ending work in process Total units accounted for 2. Compute equivalent units using the weighted average method. Equivalent Units Weighted average method: Direct Materials Conversion Costs 3. Compute equivalent units using the FIFO method. FIFO method: Equivalent Units Direct Materials Conversion Costs Heap Company manufactures a product that passes through two processes: Fabrication and Assembly. The following information was obtained for the Fabrication Department for September: a. All materials are added at the beginning of the process. b. Beginning work in process had 10,000 units, 30 percent complete with respect to conversion costs. c. Ending work in process had 17,000 units, 25 percent complete with respect to conversion costs. d. Started in process, 95,000 units. Required: 1. Prepare a physical now schedule Heap Company Physical Flow Schedule Units to account for Units, beginning work in process Units started 10.000 95.000 175.000 Total units to account for Units accounted for Units completed and transferred out Started and completed From beginning work in process Onion DIRECT Total units accounted for Units completed and transferred out: Started and completed From beginning work in process Units, ending work in process Total units accounted for 2. Compute equivalent units using the weighted average method. Equivalent Units Weighted average method: Direct Materials Conversion Costs 3. Compute equivalent units using the FIFO method. FIFO method: Equivalent Units Direct Materials Conversion Costs