1) Journal entry needed WIP- Forming $ 1,795,250.00 WIP- Blending to 1,795,250.00 2) Total cost per unit: Blending DM tA 5.25 Blending CC to 3.10 Forming DM 1.50 Forming CC 0.60 Total Cost Per Unit to 10.45 3) Henkel Industries Income Statement Units Sold For the Month Ending May 31 180,000 Per unit Total Sales Revenue 20.00 $ 3,600,000.00 COGS 10.45 1,881,000.00 Gross Profit 9.55 1,719,000.00 Operating Expenses (460,000.00) Operating Income $ 1,259,000.00