back ground info : The beginning work in process inventory of the Machining Department consisted of 3,500 units that were 80% complete as to conversion costs. During July, an additional 14,300 units were started into production. A TOTAL of 16,100 units were completed and transferred out to the Painting Department. The ending work in process inventory consisted of 1,700 units which were 40% complete as to conversion costs. Direct Materials are added at the beginning of the process. Prepare a schedule of equivalent units for the Machining Department for July.

1)Prepare the third section of the production report assigning costs to the units completed and the units in the ending work in process inventory. Use this section to answer the next three questions. What is the total cost of goods manufactured for the Machining Department for July

2)What is the total cost of the ending work in process inventory for the Machining Department for July

3)For July what total amount of cost has been assigned to the units completed and the ending work in process (what is the total of the cost of goods manufactured and the cost of the ending work in process inventory)

4)What is the journal entry to record the transfer of the units from the Machining Department to the Painting Department for August? Be sure to include the NAME of the accounts to be debited and credited and the AMOUNTS--make it clear which accounts are debited and which accounts are credited.

5)Draw a Work in Process Inventory T-account for the Machining Department for July. Enter the appropriate amounts in the account. Balance the account. What is the ending balance of the T-account? Note you will receive zero points for this answer if the T-account is not submitted.