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 was 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. Weighted average method: Direct Materials Conversion Costs Equivalent Units 187,500 3. Compute equivalent units using the FIFO method. FIFO method: Direct Materials ) Conversion Costs Equivalent Units 98,000