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2. During September 2018, Jackson Company reports the following in its Finishing Department: Finishing Dept. Units Beginning WIP Transferred in from Assembly Dept. Transferred out

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2. During September 2018, Jackson Company reports the following in its Finishing Department: Finishing Dept. Units Beginning WIP Transferred in from Assembly Dept. Transferred out to finished Goods Ending WIP: Units Percent Complete: Direct materials Conversion costs Costs Beginning WIP: Transferred in Direct materials costs Conversion costs Direct materials costs added in September Conversion costs added in September: Direct Labor Manufacturing overhead allocated Total conversion costs added 2.300 19,200 $ 37,200 A. Complete a production cost report for the Finishing Department for the month of September 2018. Assume Jackson Company uses the weighted average method. B. Prepare the journal entries to record the assignment of direct materials and direct labor and the allocation of manufacturing overhead to the Finishing Department. Also, prepare the journal entry to record the costs of the gallons completed and transferred out to the Finished Goods Inventory. Assume labor costs are accrued and not yet paid

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