ces Direct Materials Conversion Percent Percent Units Complete Complete Beginning work in process 42,500 inventory Units...

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ces Direct Materials Conversion Percent Percent Units Complete Complete Beginning work in process 42,500 inventory Units started this period 165,000 Units completed and 175,000 transferred out 32,500 100% 80% Ending work in process inventory Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion $ 24,600 84,700 $ 109,300 203,650 1,020,800 1,224,450 $ Total costs to account for 1,333,750 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 Required 1 2 Prepare the Cutting department's production cost report for October using the weighted average method. Note: 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 Total costs Equivalent units of production Cost per equivalent unit of production Cost Assignment Completed and transferred out Direct materials Units Direct Materials % Complete Conversion EUP % Complete EUP Direct Materials Conversion Costs EUP Costs EUP 0 0 EUP Cost per EUP Total cost ces Direct Materials Conversion Percent Percent Units Complete Complete Beginning work in process 42,500 inventory Units started this period 165,000 Units completed and 175,000 transferred out 32,500 100% 80% Ending work in process inventory Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion $ 24,600 84,700 $ 109,300 203,650 1,020,800 1,224,450 $ Total costs to account for 1,333,750 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 Required 1 2 Prepare the Cutting department's production cost report for October using the weighted average method. Note: 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 Total costs Equivalent units of production Cost per equivalent unit of production Cost Assignment Completed and transferred out Direct materials Units Direct Materials % Complete Conversion EUP % Complete EUP Direct Materials Conversion Costs EUP Costs EUP 0 0 EUP Cost per EUP Total cost