Brandon Processing Company produces a product by passing it through a moulding process and then through an assembly process. Brandon uses the Weighted Average Method for process costing. Information related to manufacturing activities during July follows:

Required:

1. Compute the equivalent units of production for the moulding department for July, and determine the costs per equivalent unit for direct materials, direct labour, and overhead.

2. Compute the cost of the units transferred from moulding to assembling during the month and the cost of the ending work in process inventory for the moulding department.

3. Prepare summary journal entries to record the events of July.