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Fast Company produces its product through two processing departments; Cutting and Assembly. Information for the Cutting department follows: 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 Production Cost Report - Weighted Average Method For Month Ended October 31 Unit reconciliation: \begin{tabular}{|l|l|} \hline Units to account for: & \\ \hline & \\ \hline Units to account for & \\ \hline Total units accounted for: & \\ \hline & \\ \hline & \\ \hline Total units accounted for & \\ \hline \end{tabular} Equivalent units of production (EUP) Record the transfer of goods to next department. Notes Enter gebits before credits