Question: Weighted Average Method, flfo Method, Physical Flow, Equivalent Unis Naddelton Company manufactures a product that passes through two processes: fabrication and Assembly, The folloming information


Weighted Average Method, flfo Method, Physical Flow, Equivalent Unis Naddelton Company manufactures a product that passes through two processes: fabrication and Assembly, The folloming information was obtained for the fatirication Oepartment. for October: a. Al materiak are added at the beginning of the process. b. Begining work in process had 81,000 units, 30 percent complese with respect to corwersion costs. c. Ending work in process had 12,200 units, 40 percent complete wath respoct to conversion costs. d. Started in process, 109,600 anits. Required: 1. Prepare a physicat flow schedule. 2. Compute equivalent units using the weighted merage method. 3. Compute equivalent units using the flro methed. 2. To calculate equivalent units, weighted average counts prior period output in owip as belonging to the current penod. 50 all completed units are treated ari outpuc of current period. 3. Fifo treats the work (equivalent output) in Dwip as belonging to the perice period and only counts the wotk (equivalent cutput for csch input) dane thes period as part this pernours output 4. 5upporse that the cost of direct materials in beginning work in process is $575,000 and that the direct materials cost incurred for October is $785,700. With these changes, answer the following: a. What is the unit matenals cost for the units in BWaP? Round your answers to the nearest cont. 1 b. What is the unit materials cost for unts produced in Octobee? Round your answers to the nearest cent. Which method should be used to answer this quetion? Golan why the une matenals cou is not the same for weshted awrage and fyo Of the two unit calculations, uses only October costs and octuder butpa, so n i be used to calculate the unir materals cout for October. When those costs are changing from one penod to the nest, then be unt coses for fHo and wa: differ Decanse the weights are the tathtit 2.6 for a revien of deta anabtic metnes? Cakclating what the una materals cost is for seghember as
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