= HW (similar to Part 1 of 8 Kaeding Company manufactures car seats in its Albany 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 Requirement 1. For each cost category, compute equivale physical units in the first column of your schedule. (For ama HW Score: nuection 2 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 costs 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. Print Done Clear all Check answ Data table Direct Conversion Materials $1,248,000 Costs $241,650 Physical Units (Car Seats) Work in process, October 1" 4,000 Started during October 2020 22.500 Completed during October 2020 26.000 Work in process, October 31 500 Total costs added during October 2020 Degree of completion direct materials, 7% conversion costs, 45% Degree of completion direct materials, 7% conversion costs 66% $4,635,000 $2,575,125 Print Done Question 2, P18-38 (similar to) Part 1 of 8 HW Score: 0%, 0 of O Points: 0 of 50 ar 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. w Print Done