Refer to the information in Problem 17-34. Suppose that Larsen Corp. uses the FIFO method instead of the weightedaverage method in all of its departments. The only changes to Problem 17-34 under the FIFO method are that total transferred-in costs of beginning work in process on October 1 are $2,881,875 (instead of $2,932,500) and that total transferred-in costs added during October are $7,735,250 (instead of $7,717,500).

Required
Using the FIFO process-costing method, address the requirements of Problem 17-34.

Data From Exercise 17-34:

Larsen Corp., as you know, is a manufacturer of car seats. Each car seat passes through the assembly department and testing department. This problem focuses on the testing department. Direct materials are added when the testing department process is 90% complete. Conversion costs are added evenly during the testing department's process. As work in assembly is completed, each unit is immediately transferred to testing. As each unit is completed in testing, it is immediately transferred to finished goods.

Larsen Corp. uses the weighted-average method of process costing. Data for the testing department for October 2015 are: