Weighty Steel processes a single type of steel. For the current period the following information is given: Units Material Costs Conversion Costs Beginning Inventory 2,000 $53,000 $64,200 Started During the Current Period 21,000 $315,000 $562,800 Ending Inventory 3,000 All materials are added at the beginning of the production process. The beginning inventory was 40% complete as to conversion, while the ending inventory was 30% completed for conversion purposes. Q1. If Weighty uses the weighted average costing method, what is the total cost assigned to the units completed this period? Q2. If Weighty uses the FIFO (First-in, First-out) method, what is the total cost assigned to the units completed this period? Q3. Do you think the manufacturing cost of Weightly Steel has been decreasing or increasing over time? Discuss your opinion based on the comparison between answers for Q1 and Q2