ACC 202 Chapter 4 Open-Ended Assignment Note: Please put your answers only in the section below the Bold Red sentence at the end of the Required section below. Grainless Granola, Inc., manufactures granola without any grains or sugars in two processing departments, Mixing and Packaging, and it uses the weighted average method for its process costing system. The table that follows shows the information for the Mixing department for the month of July. Unit information (measured in pounds): \begin{tabular}{|l|r|r|} \hline Beginning work-in-process inventory & 8,200 \\ \hline \multicolumn{2}{|l|}{ Started or transferred in during the month } & 229,000 \\ \hline Endingwork-in-processinventory:100%completeformaterials,71%completefordirectlabor,and64%completeforoverhead & \\ \hline & 5,700 \\ \hline Cost information: & & \\ \hline Beginning WIP inventory: & & \\ \hline Direct materials & $3,200 & \\ \hline Direct labor & $1,600 & \\ \hline Overhead & $2,000 & \\ \hline Cost incurred during the month: & & \\ \hline Direct materials & $102,000 & \\ \hline Direct labor & $56,000 & \\ \hline Overhead & $79,000 & \\ \hline \end{tabular} Your answers to this open-ended assignment should be placed in the space below this line. Step 2: Summary of Costs to be Accounted For Costs in beginning WIP inventory Costs incurred during the month Total costs to be accounted for Step 3: Calculation of Cost per Equivalent Unit Step 4: Assignment of Costs Transferred Out and Units in Ending WIP Inventory Costs assigned to units transferred out Costs assigned to ending WIP inventory Total costs accounted for