1 and 2 With explaination please!

1-Nov Work in Process Inventory Acct. No. 133 Date Explanation Debit Credit Balance Balance $ 10,650 30-Nov Direct Materials 58,200 68,850 30-Nov Direct Labor 213,400 282,250 15 30-Nov Applied Overhead 320,100 602,350 16 17 The 3,750 units of beginning goods in process consisted of $3,400 of direct materials, 18 $2,900 of direct labor, and $4,350 of factory overhead. This makes up the $10,650 19 beginning balance. During November, the company finished and transferred 50,000 20 units of its product to finished goods. At the end of the month, the goods in process 21 inventory consisted of 6,000 units that were 100% complete with respect to direct 22 materials and 25% complete with respect to direct labor and factory overhead 24 Required 251) Prepare the company's product cost summary for November using the weighted 26 average method. 28 2) Prepare the journal entry dated November 30 to transfer the cost of the completed units to finished goods inventory. 30