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: a. All materials are added at the beginning of the process. b. Beginning work in process had 80,800 units, 30 percent complete with respect to conversion costs. C. Ending work in process had 16,400 units, 25 percent complete with respect to conversion costs. d. Started in process, 98,500 units. Required: 1. Prepare a physical flow schedule. Heap Company Physical Flow Schedule Units to account for: Total units to account for Units accounted for: Units completed and transferred out: Total units accounted for 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 Units to account for: Started and completed Units, beginning work in process Units, ending work in process Units completed and transferred out: Started and completed Units completed Units started pr Units transferred out