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.

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.

Complete this question by entering your answers in the tabs below.

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

Note: Round "Cost per EUP" to $2$ decimal places.