Cost of Production and Journal Entries

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 $1,000$ pounds of alloy in process, which were $70\%$ complete as to conversion. The Work in Process balance for these $1,000$ pounds was $$117,700,$ determined as follows:

Direct materials $(1,000$$$110),$$$110,000$

Conversion $(1,00070\%$$$11),$$$117,700$

blank.

a$3.$ Prepare the may journal entry for the casting department for the completed production transferred to the machining department. If an amount box does not require an entry, leave it blank.

b$.$ Determine the Work in Process$-$Casting Department May $31$ balance.

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c$.$ Compute the change in the costs per equivalent unit for direct materials and conversion from the previous month $($April$).$

$\backslash$table$[[,$Cost per Equivalent Unit,$],[$Change in materials,,$x,,x$