QUESTION 3 Instructions: I Complete the 5 steps of computations for the process costing system, using FIFO for Department A and weighted average for Department B; and journalize the transfers from Department A to Department B and from Department B to Finished Goods. Following are the data of production cost and units produced for Affluent Productions Corp: Completed as to materials conversion costs 15% 30% Completed as to materials conversion costs 80% 55% PHYSICAL UNITS INPUTS Beginning WIP New units started Normal spoilage Abnormal spoilage Ending WIP Department A 2,000 8,000 300 500 1,200 Department B 4,000 Refer to Dept A 400 300 2,300 35% 60% 70% 85% COSTS Department A Materials Direct labor Factory Overhead Previous month 6,000 4,000 3,000 Current month 17,000 7,000 4,000 COSTS Department B Materials Direct labor Factory Overhead Transferred-in costs Previous month 9,000 8,000 3,000 Refer to department A Current month 30,000 10,000 15,000