Baum Co. has two processing departments: Fabrication and Assembly. In the Fabrication Department, metal is cut and formed into various components, which are then transferred to Assembly. The components are welded, polished, and coated with sealant in the Assembly Department. April production data for these two departments follow:

Fabrication Department:
Beginning WIP inventory (100% complete as to material; 25% complete as to conversion)	5,000	units
Units started during month	40,000	units
Ending WIP inventory (100% complete as to material; 60% complete as to conversion)	6,800	units
Assembly Department:
Beginning WIP inventory (0% complete as to sealant; 35% complete as to conversion)	2,000	units
Units started during month	?
Ending WIP (0% complete as to sealant; 15% complete as to conversion)	6,100	units

Required:

Using the Excel template provided to solve a & b. Then post to the Discussion Board following the instruction.

1. Determine equivalent units of production for each cost component for each department using the weighted average method.

2. Determine equivalent units of production for each cost component for each department using the FIFO method.