Could you tell me step-by-step explanations Thanks.

Spuds Chips Ltd (SCL) processes crinkle-cut potato chips. Production requires three (3) processes: Cutting, Cooking and Packaging. In the Cooking Department direct materials, vegetable oil (90%), is added to the transferred-in cut potatoes from the cutting department to cook. At the end of the process, the remaining 10% of the direct materials, herbs and spices are added. The company uses theFirst-in, First-out (FIFO)method. Production data for the Cooking Department in June are as follows:

Cooking Department

Beginning WIP^#inventory (kg)

24,000

Beginning WIP inventory costs

Transferred-in materials

(? %complete)

$4,800

Materials(? %complete)

$1200

Conversion (70% complete)

$2,520

June data

Started (kg)

258,000

June costs

Transferred-in costs

$51,600

Materials

$15492

Conversion

$37,140

Completed and Transferred-out (kg)

260,000

Ending WIP inventory(kg)

? units

Conversion (20% complete)

WIP: Work in process

Required:

1. Calculate:

a. the total cost of goods transferred out;and

b. the cost of ending Work in Process.

2.Journal entries for the following transactions:

a.Transferred-in materials costs; and

b.Conversion costs incurred during the current period