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 Required: Units Direct Materials Conversion Percent Percent Complete Complete 30,000 140,000 150,000 20,000 100% 80% $ 17,100 67,200 $ 84,300 144,400 862,400 1,006,800 $ 1,091,100 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.