A partially completed production report for July is shown below (done by weighted average method). This company used a process costing system and makes a single product. Use the partial information to:

Calculate July equivalent units of production for Department #1 for materials, labor and overhead.

Calculate July cost per equivalent unit of production for Department #1 for materials, labor and overhead.

Allocate July cost of Department #1 to units completed and transferred and units in ending inventory.

Prepare a journal entry required to record the transfer of completed units from Department #1.

***Specificaly fill in the bolded boxes and prepare a jorunal entry***

Units to be accounted for: Work in process, July 1 10000 Materials 100% 80% overhead 80% Units started into production 100000 Total units to account for 1. Calculate EUP EUP Labor overhead Materials Transferred to Department #2 Units 100% 95000 15000 Work in process, July 31 Materials 60% overhead 20% Total EUP 2. Determine Cost/EUP Total Cost Materials Labor overhead $8,700 $1,500 $1,800 s5,400 Work in process, July 1 154,500 22,700 68,100 Costs added by department 245.300 Total cost $254,000 $156,000 $73,500 3. Allocate total department cost Units completed and transferred: Materials Total cost transferred Ending inventory: Materials Total cost of ending inventory 4. Journal entry