Question: 1 8 - 3 8 FIFO method ( continuation of 1 8 - 3 6 ) . 1 . Do Problem 1 8 - 3

18-38 FIFO method (continuation of 18-36).
1.
Do Problem 18-36 using the FIFO method of process costing. Explain any difference between cost per
equivalent unit in the assembly department under the weighted-average method and the FIFO method.
2.
Should Hoffmans managers choose the weighted-average method or the FIFO method? Explain briefly

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