AccuBlade Castings Inc. casts blades for turbine engines. Within the Casting Department, alloy is first melted in a crucible, then poured into molds to produce the castings. On May 1, there were 360 pounds of alloy in process, which were 60% complete as to conversion. The Work in Process balance for these 360 pounds was $55,800, determined as follows:

During May, the Casting Department was charged $462,000 for 3,000 pounds of alloy and $23,792 for direct labor. Factory overhead is applied to the department at a rate of 150% of direct labor. The department transferred out 3,160 pounds of finished castings to the Machining Department. The May 31 inventory in process was 15% complete as to conversion.

1 Direct materials (360 * $146) $52,560.00 2 Conversion (360 * 60% * $15) 3,240.00 3 $55,800.00 Required: a1. On May 1, prepare the journal entry for the Casting Department for the materials charged to production* a2. On May 31, prepare the journal entry for the Casting Department for the conversion costs charged to production.* a3. On May 31, prepare the journal entry for the Casting Department for the completed production transferred to the Machining Department * *Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. b. Determine the Work in Process-Casting Department May 31 balance. Compute and evaluate the change in the costs per equivalent unit for direct materials and conversion from the previous month (April). C