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Weighted Average Method, FIFO Method, Physical Mow, Fouivalent Units Heap Company manufactures a product that passes through two processes: Fabrication and Assembly. The following information

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Weighted Average Method, FIFO Method, Physical Mow, Fouivalent 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 3. All materials are added at the beginning of the process D. Beginning work in process had 71,300 units, 30 percent complete with respect to conversion costs c. Ending work in process had 19,200 units, 40 percent complete with respect to conversion costs d. Started in process, 99,300 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 0000 000 Total units accounted for 2. Compute equivalent units using the weighted average method Weluhted average method Equivalent Units Direct Materials Conversion Costs 3. Compute equivalent units using the FIFO method. FIFO method Equivalent Units Direct Materials Conversion Costa

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