Home Docu 1350 Assignment #3 - Saved View Help Open in Desktop App I u ov Av, ... Tell me what you want to do E ... Normal Question 1 (10 Marks) The Metal Works Company manufactures a product that goes through two departments prie to completion. The following information is available on work in one of these departments, the Forming Department, during March: Fercepe ompleted Materiale Scene Work in process, March 1 Started into production Completed and transferred out Work in proces, March 31 70.000 460,000 450,000 80,000 518 Cost in the beginning work-in-process inventory and cost added during the month were as follows: Work in process March 1 Cost added during March Materials $ 42,190 $440,810 Conversion 38.000 $394 000 The Forming Department is the first department in the production process, after forming has been completed the units are transferred to the Finishing Department. Required: a) Assuming the company uses the weighted average method, calculate the equivalent units and unit cost for materials and conversion costs, rounded to the nearest tenth of a cent Show your work. (5 Marks) b) (Appendix 6A) Assuming the company uses the FIFO method, calculate the equivalent and unit cost formaterials and conversion costs, rounded to the nearest tenth or cent Show you work. (5 Marks Question 2.414 Marks