Total units accounted for Feedback Check My Work 2. Compute equivalent units using the weighted average method. 3. Compute equivalent units using the FIFO method. Moddeiton Company mansfactures o product thot passes through two processesi Fathicatien and Assembly. The following information was obtained Kor the Fabricatien Departinent. for October: a. All maternah are added at the beginning of the process. b. Begininine work in process had 81,000 units, 30 percent complete with respect to conversion costs. c. Ending work in process had 12,200 units, 40 petcent complete with respect to ciemersigh costs d. Started in process, 109,600 units. Required: 1. Prepare a physical flow schedule. 4. Suppose that the cost of direct moterals in beginning work in process is $575,000 and that the direct matenals cost incurred for 0 ctober is $785,700. With these changes, answer the following: a. What is the unit moterals cost for the units in Bwip? Round your answers to the nearest cent. s x b. What is the unit materals cost for unts produced in October? Round your answers to the nearest cent. s. Which method should be used to answer this question? Explain why the unit materials cost is not the same for weighted average and fro. Of the two unit calculabons, uses only October costs and October outpot, so it should be used to cakculate the unit materials cost for Otobet. When thoset costs are changing from one period to the next, then the unit costs for frro and WA deter: As part of your explanation, show that the weighted average unit cost for materials is the blend of the September unit materials cost and the October unit materials cost. Because the weights are the of total equivalent units for each unit cost. Exhibit 2.6 for a revew of data analytic metrics.) Calculating what the unit materials cost is far September is Jdentifyne the method that ahould be used for cakculang October's unit materals cost is - Explaining why the two unit costs differ and showing how the Weighted Average mothod is a blend of awip and cument cost is