Accounting Question 3

Answer in the same format as the tables above

Fast Company produces its product through two processing departments: Cutting and Assembly. Information for the Cutting department follows. Requlred: 1. Prepare the Cutting department's production cost report for October using the weighted average method. 2. Prepare the October 31 journal entry to transfer the cost of completed units from cutting to Assembly. Complete this question by entering your answers in the tabs below. Orepare the October 31 journal entry to transfer the cost of completed units from cutting to Assembly. Journal entry worksheet Record the transfer of goods to next department. Note: Enter debits before credits