Watch the videos below:

1.Job Order Costing vs Process Costing(5: 59)

https://www.youtube.com/watch?v=F6RzLSSKlZM

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2.Job Order Costing (4:25)

https://www.youtube.com/watch?v=Uw_52M9GLbg

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3.Process Costing (12:15)

https://www.youtube.com/watch?v=guZc84c5HNI

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4.Cost Per Equivalent Unit (weighted average method) (12:20)

https://www.youtube.com/watch?v=Txv05196CWs

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5.Cost Per Equivalent Unit FIFO Method (7:53)

https://www.youtube.com/watch?v=C76QjSgvnyQ

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6.Cost Per Equivalent Unit-- FIFO Method vs. Weighted-average Method (8:35)

https://www.youtube.com/watch?v=P_Nwchc_pcs

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7.Cost Per Equivalent Unit, FIFO Method, Part 2 (Applying Costs) (6:47)

https://www.youtube.com/watch?v=y1TLRSL9Yjo

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please answer the following questions:

1. How might you apply direct labor costs under Job Order versus Process Costing?

2.Under the 2 methods of Process Costing, why is the FIFO method considered superior to the Weighted Average method?

3. Is it possible to monitor cost "trends" using the Weighted Average method?