transferred in costs fifo method suppose that larsen company uses the fifo method in 589345

Transferred in costs, FIFO method. Suppose that Larsen Company uses the FIFO method instead of the weighted average method in all of its departments. The only changes to this Problem under the FIFO method are that total transferred in costs of beginning work in process on October 1 are $2,881,875 (instead of $2,932,500) and that total transferred in costs added during October are $7,735,250 (instead of $7,717,500). Using the FIFO process costing method.