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 Fabricatio Department for October: a. All materials are added at the beginning of the process. b. Beginning work in process had 74,100 units, 20 percent complete with respect to conversion costs. c. Ending work in process had 17,400 units, 40 percent complete with respect to conversion costs. d. Started in process, 109,400 units. Required: 1. Prepare a physical flow schedule. Middelton Company Physical Flow Schedule Units to account for: Units, beginning work in process 74,100 Units started 109,400 Total units to account for 183,500 Units accounted for Units completed and transferred out: Started and completed 92,000 From beginning work in process 74,100 Units ending work in process 17,400 Total units accounted for 183.500 2. Compute equivalent units using the weighted average method. Weighted average method: Equivalent Units Direct Materials