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Weighted Average Method, FIFO Method, Physical Flow, Equivalent Units Middelton Company manufactures a product that passes through two processes: Fabrication and Assembly. The following information obtained for the Fabrication Department for October: a. All materials are added at the beginning of the process. b. Beginning work in process had 89,500 units, 25 percent complete with respect to conversion costs. c. Ending work in process had 19,300 units, 35 percent complete with respect to conversion costs. d. Started in process, 98,000 units. Required: 1. Prepare a physical flow schedule. 2. Compute equivalent units using the weighted average method. 3. Compute equivalent units using the FIFO method. 4. Suppose that the cost of direct materials in beginning work in process is $649,600 and that the direct materials cost incurred for October is $725,300. 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