Required$18-29$ Weighted$-$average method, assigning costs. ZanyBrainy Corporation makes interlocking children$$s blocks in a single processing department. Direct materials are added at the start of production. Conversion costs are added evenly throughout production. ZanyBrainy uses the weighted$-$average method of process costing. The following information for October $2020$ is available

a Degree of completion: direcevenly throughout production. ZanyBrainy uses the weighted$-$average method of process costing. The following information for October $2020$ is available

a Degree of completion: direct materials, $100\%$; conversion costs, $80\%.$

b Degree of completion: direct materials, $100\%$; conversion costs, $30\%.$

Calculate cost per equivalent unit for direct materials and conversion costs.

Summarize total costs to account for and assign them to units completed $($and transferred out$)$ and to units in ending work$-$in$-$process inventory.

Required

$18-30$ FIFO method, assigning costs $($continuation of $18-29).$

Do Exercise $18-29$ using the FIFO method.

ZanyBrainy's management seeks to have a more consistent cost per equivalent unit. Which method of process costing should the company choose and why?