20. (EUP; weighted average & FIFO) McArthur Corporation makes toy metal soldiers in a one-department production process. All metal is added at the beginning of the process. Paint for the figures and the plastic bags for packaging are considered indirect materials. The following information is available relative to September 2000 production activities:

Beginning inventory: 75,000 figures (60% complete as to labor; 85% complete as to overhead)

Started into production: metal for 250,000 figures, which were cast during the month Ending inventory: 30,000 figures (70% complete as to labor; 90% complete as to overhead)

a. Compute the EUP for direct material, direct labor, and overhead using weighted average process costing.

b. Compute the EUP for direct material, direct labor, and overhead using FIFO process costing.

c. Reconcile the calculations in parts

(a) and (b).