LOS. What journal entries are required in a processing costing system? a) Journalize the assigned $1,000 for the 100 units transferred from the mixing department to the packaging department. Date Accounts and Explanation Debit Credit b) Journalize the assigned $800 for 80 units transferred from the packaging department to Finished Goods Inventory. Date Accounts and Explanation Debit Credit LO6. How can the production cost report be used to make decisions? a) What are two ways managers can use production cost reports to make decisions for their company? 1) 11)