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5-37 Weighted-average and FIFO methods. McKee Foods, Inc., manufactures snack eakes under the brand name Little Debbie. Production of Swiss cake rolls occurs in four departments: mixing haking, icing, and drying and packaging. Consider the mixing department, where direct materials are added at the beginning of the process Conerion costs are added evenly during the process. The accounting records of a Mckee Foods plant provide the following information for Swiss cake rolls in its mixing department during a weekly period (week 31) Pysinal Units (Canes 10,500 45,000 12,400 Direot Materials Conversion Costs Beginning work in processa Completed during week 31 Ending work in process, week 31 Total costs added during week 31 Degree of completion: direct materials, ?%, conversion costs, 20%. Degree of completion: direct materials, ?%; conversion costs, 40%. $ 32,160 $ 36,888 $159,000 $177,940 Req 1. Using the weighted-average method, summarize the total mixing department costs for week 31, and assign total costs to units completed (and transferred out) and to units in ending work in process. 2. Assume that the FIFO method is used for the mixing department. Summarize the total mixing department costs for week 31, and assign total costs to units completed and transferred out and to units in ending work in process using the FIFO method. 3. McKee management seeks to have a more consistent cost per equivalent unit. Which method of process costing should the company choose and why