Middelton Company manufactures a product that passes through two processes: Fabrication and Assembly. The following information was obtained for the Fabrication Department for October:

1. All materials are added at the beginning of the process.
2. Beginning work in process had 88,500 units, 20 percent complete with respect to conversion costs.
3. Ending work in process had 17,000 units, 30 percent complete with respect to conversion costs.
4. Started in process, 97,000 units.

Required:

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1. Prepare a physical flow schedule.

Units to account for:	blank
Units, beginning work in process	88500
Units started	97000
Total units to account for	185500
Units accounted for:
Units completed and transferred out:
Started and completed	80000
From beginning work in process	88500
Units, ending work in process	17000
Total units accounted for	185500

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1. The physical flow schedule traces the units in process regardless of their stage of completion and provides the information needed for preparing the equivalent units schedule.

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2. Compute equivalent units using the weighted average method.

Weighted average method:	Equivalent Units
Direct Materials	????
Conversion Costs	????

3. Compute equivalent units using the FIFO method.

FIFO method:	Equivalent Units
Direct Materials	????
Conversion Costs	????

4. Suppose that the cost of direct materials in beginning work in process is $577,200 and that the direct materials cost incurred for October is $713,200. With these changes, answer the following:

a. What is the unit materials cost for the units in BWIP? Round your answers to the nearest cent. $?????

b. What is the unit materials cost for units produced in October? Round your answers to the nearest cent. $?????