(Comprehensive; two departments) Safe-N-Sound makes a backyard fencing system for pet owners in a two-stage production system. In Process 1, wood is cut and assembled into six-foot fence sections. In Process 2, the sections are pressure treated to resist the effects of weather and then coated with a wood preservative. The following production and cost data are available for March 2001 (units are six-foot fence sections):

Units	Cutting Process	Pressure Process
Beginning WIP Inventory (March 1)	1,300	900
Complete as to material	80%	0%
Complete as to conversion	75%	60%
Units started in March	4,800	?
Units completed in March	?	4,500
Ending WIP Inventory (March 31)	1,100	?
Complete as to material	40%	0%
Complete as to conversion	20%	40%
Costs	Â	Â
Beginning WIP Inventory
Transferred-in		$ 4,725
Material	$ 2,130	0
Conversion	3,175	1,674
Current	Â	Â
Transferred-in		$ ?
Material	$ 8,800	4,995
Conversion	12,735	13,560

a.Prepare EUP schedules for both the cutting and pressure processes. Use the FIFO method.

b.Determine the cost per equivalent unit for the cutting process assuming a FIFO method.

c.Assign costs to goods transferred and to inventory in the cutting process on a FIFO basis.

d.Transfer the FIFO costs to the pressure process. Determine cost per EUP on a modified FIFO basis. (See footnote 8, page 233.)

e.Assign costs to goods transferred and to inventory in the pressure process on a modified FIFO basis.

f.Assuming there was no beginning or ending inventory of Finished Goods Inventory for March, what was Cost of Goods Sold for March?