Comprehensive ProblemWeighted-Average Method Villa Products, located in Chicago, uses the weighted-average method in its process costing system. It manufactures a product called Worzel that goes through three processing stages prior to completion. Information on work in the first department, Cleaning, is given below for May:

Production data:
Pounds in process, May 1; materials 100% complete; conversion 90% complete	100,000
Pounds started into production during May	350,000
Pounds completed and transferred out	?
Pounds in process, May 31; materials 80% complete; conversion 20% complete	30,000
Cost data:
Work in process inventory, May 1:
Materials cost	$ 88,400
Conversion cost	$ 22,240
Cost added during May:
Materials cost	$ 400,000
Conversion cost	$ 80,000

Required (SHOW YOUR WORK):

6. Prepare the journal entry to record the material and conversion costs added to production this period (assume conversion costs are 40% direct labor costs and 60% overhead costs)

7. Prepare the journal entry to record the cost of the units completed and transferred out to the Mixing Department.

8. Prepare a T-account for the WIP account for the Cleaning Department