Windy Company manufactures surfboard bags in a one-department process: Design and Manufacturing. The Design and Manufacturing Department uses weighted-average costing method. The following tables summarizes units and costs for this department: 1. Design and Manufacturing Inventory in Units Table for November 2020 (Weighted- average) Units % Complete Beginning Work in Process 100% for Direct Materials, 40% for Direct Labor, and 30% for Overhead Units Started Ending Work in Process 100% for Direct Materials, 70% for Direct Labor, and 90% for Overhead Beginning WIP Added costs Total Costs 2. Design and Manufacturing Inventory Costs Table for November 2020 Costs Direct Materials Direct Overhead Labor $ 690 63,606 $64,296 $3.755 100,320 $104,075 Total Units 250 $ 250 27,681 27,931 8,800 400 Total $4,695 191,607 $196,302 Required: 1. Applied the five steps in a process costing system, using Weighted-average cost method. (25 points) 2. Applied the five steps in a process costing system, assuming that Windy use FIFO cost method instead of Weighted-average. (25 points)