(EUP; weighted average & FIFO; two departments) Blanchard Metalworks has two processing departments, Fabrication and Assembly. Metal is placed into produc¬ tion in the Fabrication Department, where it is cut, formed, or ground into various components. These components are transferred to Assembly, where they are welded, polished, and hot-dip galvanized with sealant. Following is the pro¬ duction data for these two departments for January 1997:

ASSEMBLY

a. Determine the equivalent units of production for each cost component for each department under the weighted average method.

b. Determine the equivalent units of production for each cost component for each department under the FIFO method.LO1

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FABRICATION Beginning WIP inventory (100% complete as to material; 45% complete as to conversion) Units started during month Ending WIP inventory (100% complete as to material; 80% complete as to conversion) 5,000 39,000 6,800