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Kaeding Company manufactures car seats in its Atlanta plant Each car seat passes through the assembly department and the testing department. This problem focuses on

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Kaeding Company manufactures car seats in its Atlanta plant Each car seat passes through the assembly department and the testing department. This problem focuses on the assembly department (Click the icon to view information about Kaeding Company's process-costing system.) Data for the assembly department for October 2020 are as follows: (Click the icon to view the assembly department data) (Click the icon to view the weighted-average cost per equivalent unit data and total costs accounted for) Read the requirements Requirement 1. For each cost category, compute equivalent units in the assembly department Show physical units in the first column of your schedule. (For amounts with a 0 balance, make sure to enter 07 in the appropriate cell) More info The process-costing system at Kaeding Company has a single direct-cost category (direct materials) and a single indirect-cost category (conversion costs). Direct materials are added at the beginning of the process. Conversion cdsts are added evenly during the process. When the assembly department finishes work on each car seat, it is immediately transferred to testing. Kaeding Company uses the FIFO method of process costing. Data table Reference Requirements 1. For each cost category, compute equivalent units in the assembly department. Show physical units in the first column of your schedule. 2. For each cost category, summarize total assembly department costs for October 2020 and calculate the cost per equivalent unit. 3. Assign total costs to units completed and transferred out and to units in ending work in process. 4. Explain any difference between cost per equivalent unit in the assembly department under the weighted-average method and the FIFO method. 5. Should Kaeding's managers choose the weighted-average method or the FIFO method? Explain briefly

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