Reference Requirements 1. For each cost category, compute equivalent units in the assembly department Show physical units in the first column of your schedule. 2. For each cost category, summarize total assembly department costs for October 2020 and calculate the cost per equivalent unit. 3. Assign total costs to units completed and transferred out and to uhits in ending work in process 4. Explain any difference between cost per equivalent unit in the assembly department under the weighted-average method and the FIFO method 5. Should Larsen's managers choose the weighted-average method or the FIFO method? Explain briefly Data table arsen Company manufactures car seats in its Miami plant. Each car seat passes through the assembly department and the testing department. This problem focuses on the assembly department (i) (Click the icon to view information about Larsen Company's process-costing system.) More info 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 FIFO method of process costing