Tomlinson Company manufactures car seats in its Boston 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 Tomlinson Company's process-costing system.) Data for the assembly department for October 2017 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 "0" in the appropriate cell.) Equivalent Units Flow of Production Work in process beginning Started during current period To account for Completed and transferred out during current period: From beginning work in process Started and completed Work in process, ending Accounted for Equivalent units of work done in current period only Physical Direct Conversion Units Materials Costs (Click the icon to view information about Tomlinson Company's process-costing system.) Requirements More info The process-costing system at Tomlinson 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 costs are added evenly during the process. When the assembly department finishes work on each car seat, it is immediately transferred to testing. Tomlinson Company uses the FIFO method of process costing. 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 2017 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 the cost per equivalent unit in the assembly department under the weighted-average method and the FIFO method. 5. Should Tomlinson's managers choose the weighted-average method or the FIFO method? Explain briefly. Print Done ompleted and transferred out during current period: From beginning work in prosace Print Done - Data table Reference Direct Conversion (Car Seats) Work in process, October 1 Started during October 2017 Completed during October 2017 Work in process, October 31b Total costs added during October 2017 "Degree of completion: direct materials, ?%; conversion costs, 60%. "Degree of completion: direct materials, ?%; conversion costs, 75%. Physical Units Direct Materials 4,500 $1,102,500 Conversion Materials Costs Costs $475,875 Costs incurred to date $ 5,100,000 $ 25,000 2,535,000 24,375 20,500 Divide by equivalent units of work done to date 22,500 $ 204 $ 104 2,500 Cost per equivalent unit for work done to date $3,997,500 $2,059,125 Total Production Costs Direct Materials Conversion Costs Completed and transferred out Work in process, ending $ 6,930,000 $ 4,590,000 $ 705,000 510,000 2,340,000 195,000 $ 7,635,000 $ 5,100,000 $ 2,535,000 Print Done Total costs accounted for