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 85,100 units, 30 percent complete with respect to conversion costs. c. Ending work in process had 12,900 units, 20 percent complete with respect to conversion costs. d. Started in process, 107,700 units. Required: 1. Prepare a physical flow schedule. Heap Company Physical Flow Schedule Units to account for: Units, beginning work in process 85,100 Units started 107,700 Total units to account for 192,800 Units accounted for: Units completed and transferred out: Started and completed 94,800 From beginning work in process 85,100 Units, ending work in process 2,900 Total units accounted for 192,800 2. Compute equivalent units using the weighted average method. Weighted average method: Equivalent Units Direct Materials 192,800 Conversion Costs 182,480 3. Compute equivalent units using the FIFO method. FIFO method: Equivalent Units Direct Materials 107,700 Conversion Costs