Problem $20-2$A $($Algo$)$ Weighted Average: Production cost report LO P$2,$ P$4$

Fast Company produces its product through two processing departments: Cutting and Assembly. Information for the Cutting department follows.

Units Direct Materials Conversion

Percent Complete Percent Complete

Beginning work in process inventory $40,000$

Units started this period $160,000$

Units completed and transferred out $170,000$

Ending work in process inventory $30,000100\%80\%$

Beginning work in process inventory

Direct materials $ $23,100$

Conversion $81,200$ $ $104,300$

Costs added this period

Direct materials $146,900$

Conversion $888,8001,035,700$

Total costs to account for $ $1,140,000$

Required:

Prepare the Cutting department$$s production cost report for October using the weighted average method.

Prepare the October $31$ journal entry to transfer the cost of completed units from cutting to Assembly.

i couldnt screenshot all the way whats left is ending work in process, direct materials, conversion, total costs accounted for and Record the transfer of goods to next department. oct $31$ thank you for your help