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Please complete the full monthly report for the two departments using either Weighted Average or FIFO. You will also need to change the ending WIP

Please complete the full monthly report for the two departments using either Weighted Average or FIFO. You will also need to change the ending WIP % of competetion for only the conversion cost in the Cutting Dept. and use any other % of your choice other than the 20%. Clearly state the % you are using.

image text in transcribed 62. Comprehensive; FIFO; two departments KeepIn makes fencing in a two-stage production system. In the Cutting Department, wood is cut and assembled into 6-foot fence sections. In the Coating Department, the sections are pressure-treated to resist the effects of weather and then coated with a preservative. The following production and cost data are available for March (units are 6-foot fence sections)

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