Problem 16-2A (Algo) Weighted Average: Production cost report LO P2, P4 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. Complete this question by entering your answers in the tabs below. repare the October 31 journal entry to transfer the cost of completed units from cutting to Assembly Journal entry worksheet Record the transfer of goods to next department. Note: Enter debits before credits