Larsen Company produces car seats. Direct materials are added at the beginning of the process and conversion costs are added evenly through the process, When the assembly department finishes work on each seat It is immediately transferred to testing. Work in process started the year with 5,000 anits in inventory with costs of $1,250,000 and $402,750 for direct materials and conversion costs. The beginning inventory is 60% complete for conversion costs. Larsen added enough material to construct 20,000 seats in October and transferred out to testing 22,500 seats. Costs added during the month include $4,500,000 for direct materials and $2,337,500 for conversion costs. The ending inventory is 70% complete for conversion costs. For each category compute the equivalent units in the assembly department and calculate cost per unit using the weighted average method Provide Journal entry for transfer to testing Repeat using FIFO method 1. 2. 3