1 C DAK, Inc. manufactures wooden toys for the North Pole. It has several processes that the toys must go through before it becomes a finished toy. The first department is the forming department. All direct materials are added at the beginning of the period and all conversion costs are added evenly during the process. Spoiled units are not detected until the end of the process and are disposed of at zero net disposal value. The summary of August 2014 data is provided below: Beg. WIP: 3,800 units, $25,000 in Direct Materials (100% degree of completion), $18,500 in Conversion Costs (50% degree of completion)

Started during August: 14,500 units Good Units completed and transferred out: 13,000 units End. WIP: 3,200 units, Direct Materials (100% degree of completion), Conversion Costs (65% degree of completion) Total Cost added for August 2014: $138,000 in Direct Materials, $113,160 in Conversion Costs Normals Spoilage as % of total units to account for: 10% 1. A) Prepare a production control report using WA method. Take cost/ per EQU to four decimal places. All rounding differences will be placed into End. WIP. B) Prepare a production control report using FIFO method. Take cost/ per EQU to four decimal places. All rounding differences will be placed into End. WIP. Please show all steps, Thank you!