Computing equivalent production; preparing a cost of production report for one department; making journal entries. The Douglas Processing Company began operations on June 1, 19X6. During the month ofJ une, 4,860 units of its product were started in production in the first department, the Mixing Department. Of these, all but 1,000 were completed during the month and transferred out to the second department, the Cooking Department. All materials had been added to the 1,000 units, but only 75 percent of the labor and overhead had been added. The costs incurred during the month were: materials, $121,500; labor,

$88,560; and manufacturing overhead, $72,540.

Instructions 1. Prepare a schedule of equivalent production for the Mixing Department for June.
2. Prepare a cost of production report for the Mixing Department for June.
3. Give the entries in general journal form to charge the costs to production and to record the transfer of units to the Cooking Department.