Instructions: I Complete the 5 steps of computations for the process costing system, using FIFO for Department A and weighted average for Department B; and journalize the transfers from Department A to Department B and from Department B to Finished Goods. Following are the data of production cost and units produced for Affluent Productions Corp: PHYSICAL UNITS INPUTS Beginning WIP New units started Normal spoilage Abnormal spoilage Ending WIP COSTS Department A Materials Direct labor Factory Overhead Department A 2,000 8,000 300 500 1,200 Previous month 6,000 4,000 3,000 Completed as to materials 15% 70% conversion costs 30% Current month 17,000 7,000 4,000 85% Department B 4,000 Refer to Dept A 400 300 2,300 COSTS Department B Materials Direct labor Factory Overhead Transferred-in costs Completed as to materials 80% 35% Previous month conversion costs 55% 9,000 8,000 3,000 Refer to department A 60% Current month 30,000 10,000 15,000