8. The Valentine's Day Company has two processing departments, Cooking and Packaging. Ingredients are placed into production at the beginning of the process in Cooking, where they are formed into various shapes. When finished, they are transferred into Packaging, where the candy is placed into heart and tuxedo boxes and covered with foil. All material added in Packaging is considered as one material for convenience. Since the boxes contain a variety of candies, they are considered partially complete until filled with the appropriate assortment. The following information relates to the two departments for February 2001: Cooking Department: Beginning WIP (30% complete as to conversion) Units started this period Ending WIP (60% complete as to conversion) Packaging Department: 4,500 units 15,000 units 2,400 units Beginning WIP (90% complete as to material, 80% complete as to conversion) Units started during period Ending WIP (80% complete as to material a. b. and 80% complete as to conversion) 1,000 units ? 500 units Determine equivalent units of production for both departments using the weighted average method. Determine equivalent units of production for both departments using the FIFO method.