Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for Direct Materials Conversion Percent Percent Units Complete Complete 32,000 144,000 154,000 22,000 100% 80% $ 18,300 70,000 $ 88,300 131,300 890,960 1,022,260 $ 1,110,560 Required: 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. Required 1 Required 2 Prepare the Cutting department's production cost report for October using the weighted average method. (Round "Cost per EUP" to 2 decimal places. FAST COMPANY-Cutting Department Production Cost Report-Weighted Average Method Prepare the Cutting department's production cost report for October using the weighted average method. (Round "Cost per EUP" to 2 decimal places. FAST COMPANY-Cutting Department Production Cost Report-Weighted Average Method For Month Ended October 31 Unit reconciliation: Units to account for: Units to account for Total units accounted for: Total units accounted for Equivalent units of production (EUP) Equivalent Units of Production Cost per equivalent unit of production Direct Materials Units % Complete Total costs Equivalent units of production Cost per equivalent unit of production Cost Assionment Costs EUP Conversion EUP % Complete EUP Direct Materials Costs EUP Conversion Prepare the October 31 journal entry to transfer the cost of completed units from cutting to Assembly. View transaction list Journal entry worksheet < 1 Record the transfer of goods to next department. Note: Enter debits before credits. Date October 31 General Journal Debit Credit Record entry Clear entry View general journal