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18-29. WEIGHTED-AVERAGE METHOD, ASSIGNING COSTS. ZanyBrainy Corporation makes interlocking children's blocks in a single processing department. Direct materials are added at the start of production.

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18-29. WEIGHTED-AVERAGE METHOD, ASSIGNING COSTS. ZanyBrainy Corporation makes interlocking children's blocks in a single processing department. Direct materials are added at the start of production. Conversion costs are added evenly throughout prodution. ZanyBrainy uses the weighted-average method of process costing. The following information for October 2020 is available. a Degree of completion: direct materials, 100%; conversion costs, 80%, b Degree of completion: direct materials, 100% : conversion costs, 30%. Required 1. Calculate cost per equivalent unit for direct materials and conversion costs. 2. Summarize total costs to account for and assign them to units completed (and transferred out) and to units in ending work-inprocess inventory. 18-30. FIFO METHOD, ASSIGNING COSTS (CONTINUATION O 2. Summarize total costs to account for and assign them to units completed (and transferred out) and to units in ending work-inprocess inventory. 18-30. FIFO METHOD, ASSIGNING COSTS (CONTINUATION OF 1829) Required 1. Do Exercise 18-29 using the FIFO method. 2. ZanyBrainy's management seeks to have a more consistent cost per equivalent unit. Which method of process costing should the company choose and why

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