Question: WA & FIFO EUP; two departments Baum Co. has two processing departments: Fabrication and Assembly. In the Fabrication Department, metal is cut and formed into

WA & FIFO EUP; two departments 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 Beginning WIP Inventory (100% complete as to material: 25% complete as to conversion) 10,000 Units started during month 80,000 Ending WIP Inventory (100% complete as to material; 60% complete as to conversion) 13,600 Assembly Beginning WIP Inventory (0% complete as to sealant; 35% complete as to conversion) 4,000 Units started during month Ending WIP Inventory (0% complete as to sealant; 15% complete as to conversion) 12,200 a. Determine the equivalent units of production for each cost component for each department under the WA method. Fabrication Dept. Units EU for direct materials 0 EU for conversion Assembly Dept. Units EU for transferred in 0 EU for direct materials EU for conversion O b. Determine the equivalent units of production for each cost component for each department under the FIFO method. Fabrication Dept. Units EU for direct materials EU for conversion O Assembly Dept. Units EU for transferred in 0 EU for direct materials 0 EU for conversion

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