Spelling Sports produces basketballs in two departments: cutting and stitching. Each department has one direct$-$cost category $($direct materials$)$ and one indirect$-$cost category $($conversion costs$).$ This problem focuses on the stitching department.After cutting, basketballs are immediately transferred to the stitching department. Direct material is added when the stitching process is $70\%$ complete. Conversion costs are added evenly during stitching operations. After stitching is completed, basketballs are immediately transferred to Finished Goods.Spelling Sports uses the weighted$-$average method of process costing. The following is a summary of the March $2020$ operations of the stitching department: Required:$1.$ Summarize total stitching department costs for March $2020$ and assign these costs to units completed $($and transferred out$)$ and to units in ending work$-$in$-$process inventory$\mathrm{.}2.$ Prepare journal entries for March transfers from the cutting department to the stitching department and from the stitching department to Finished Goods.

$18-44$TRANSFERRED$-$IN COSTS, FIFO METHOD $($CONTINUATION OF $18-43).$ Refer to the information in Problem $18-43.$ Suppose Spelling Sports uses the FIFO method instead of the weighted$-$average method. Assume that all other information, including the cost of beginning work in process, is unchanged.Required:$1.$ Do Problem $18-43$ using the FIFO process$-$costing method$\mathrm{.}2.$ If you did Problem $18-43,$ explain any difference between the cost of work completed and transferred out and the cost of ending work in process in the stitching department under the weighted$-$average method and the FIFO method.