10 1 Fast Company produces its product through two processing departments: Cutting and Assembly. Information for the Cutting department follows. points Direct Materials Conversion Percent Percent Complete Complete Units eBook Beginning work in process inventory Units started this period 36,000 152,000 Print Units completed and transferred out Ending work in process inventory 162,000 26,000 100% 80% References Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for Required: $20,700 75,600 $ 96,300 139,100. 1,094,320 1,233,420 $ 1,329,720 1. Prepare the Cutting department's production cost report for October using the weighted average method. 2. 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. Required 1 Required 2 Prepare the October 31 journal entry to transfer the cost of completed units from cutting to Assembly. 10 1 points Prepare the Cutting department's production cost report for October using the weighted average method. Note: Round "Cost per EUP" to 2 decimal places. FAST COMPANY-Cutting Department Production Cost Report-Weighted Average Method For Month Ended October 31 Check my work dock Pris References Unit reconciliation Units to account for: Beginning work in process inventory Units to account for Total units accounted for. Total units accounted for Equivalent units of production (EUP) Equivalent Units of Production Cost per equivalent hit of production Total costs +Equivalent units of production Direct Materials Conversion Unita % Complete EUP % Complete EUP Conta EUP Direct Materials Costs EUP Conversion 10 points 1 Total units accounted for Equivalent units of production (EUP) eBook Print References Equivalent Units of Production Cost per equivalent unit of production Total costs Equivalent units of production Cost per equivalent unit of production Cost Assignment Completed and transferred out Direct materials Conversion Ending work in proces Direct materials Conversion Total costs accounted for Direct Materials Units % Complete Costs EUP Conversion EUP % Complete EUP Direct Materials Costs EUP 0 EUP Cost per EUP Total cost $ 0.00 $ 0 $ 0.00 0 Conversion 10 1 points Required 1 Required 2 Prepare the October 31 journal entry to transfer the cost of completed units from cutting to Assembly. View transaction list P look Journal entry worksheet Reference < 1 Record the transfer of goods to next department. Note: Enter debts before credits Date October 31 General Journal Debit Credit Clear entry View general journal Record entry Check