Question: Please do your best to show your work and explain how you got your answer for both problems, 1 and 2! Thank you so much

Please do your best to show your work and explain how you got your answer for both problems, 1 and 2! Thank you so much for your help!

Please do your best to show your work and explain how you

Larsen Company manufactures car seats in its San Antonio plant. Each car seat passes through the assembly department and the testing department. This problem focuses on the assembly department. The process-costing system at Larsen Company has a single direct-cost category (direct materials) and a single indirect-cost category (conversion costs). Direct materials are added at the beginning of the process Conversion costs are added evenly during the process. When the assembly department finishes work on each car seat, it is immediately transferred to testing. Larsen Company uses the weighted-average method of process costing. Data for the assembly department for October are as follows: Physical Units (Car Seats) Direct Materials Conversiorn Costs Work in process, October 1(a) Started during October Completed during October Work in process, October 31 (b) Total costs ADDED during October 5,000 20,000 22,500 2,500 $1,250,000 S 402,750 $4,500,000 $2,337,500 (a) Degree of completion: direct materials, ?%; conversion costs, 60% (b) Degree of completion: direct materials, ?%; conversion costs, 70% 1. What is the cost of the assembly department's work in process as of October 31? is the cost transferred from the assembly depart?nent to the testing department during the month of October

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