d Paint My World prepares and packages paint products. Paint My Wond has two departments Blonding and Packaging Direct materials are added at the beginning of the blending processes and at the end of the packaging process can Data from the month of May for the Blending Department are as follows che con lo view the data from May) Paint My Word complead the folowing production cost report for its banding Department for the month of May Click the icon to their of costs) Conversion costs are added every throughoul each process. The company use the weighted average method Road the requirements Reference costs of the Real gal Bel Data Table Paint My World Production Cost Report - Blending Department (Partial) Month Ended May 31 Direct Conversion Materials Costs 3.000 galon Total Costs Gallons Beginning Work in Process Inventory farin production Completed and transferred out to Packaging in May Endry Work in Process invertory 30% of the way through the blending proces Costa Deginning on in Process inventory Coulded during May 4100 galone COSTS Conto Net 5 OS 7.72 $ 0 OS 4950 4,050 0.000 0.50 2012 7,73 4950 5 Draw 1912 900 Manufacturing and allocated Twin May Tot for Divided by Total FUP Content Cotton for Camped and transferred out Ending woning To for 5 2.3205 Post 2,000 $ 2.050 2.542 OS 7.762 Pynt Dane Cho rena Punt My World prepares and packages paint products. Paint My World has to departments Blending and Packaging Paint My World completelefowing production cost report for its ending Department for the month of May Drect materials are added at the beginning of the blending process (yes) and at the end of the packaging rooms cena). Data from the month of May for the ending Department are as follows: Click the icon to view the agent of costs) mich the loan to www the data from May) Conversion costs are adtod evenly throughout each process. The company uses the wiadcore method Read the resume Requirement 1. Prepare the purel entries to record the assigment of direct materials and Grect labor and the location of manufacturing overead to the Blending Department. Also, prepare the joumel entry to record the cost of the galors completed and transferred out to the Packaging Department. Assume borcs are accred and not yet pas recordeoits frat, han credits. Exclude emplorations from any unwantes) Begin with the summary journal entry to record the assigment of erect materials and direct labor and a location of manufacturing overhead 10 the Blending Department Die Accounts Debit May Crede Newer the rural entry to record the cost of the gas completed and referred out to the Packaging Department Dante Accounts Debit Creet Way Requirement 2. Poslijers to the Worn Promotory-Bandra Tout what is reading bor? Post the rising the prise descriptors as powing errom. Durcheie andre balances Choose from bryllor many number in the input ids and then connue to the next Question Paint My Wond prepares and packages paint products. Part My World has two departments Blending and Packaging Direct materials are added at the beginning of the blending proces (yes) and at the end of the packaging process can Data from the month of May for me trending Department are as follows: the icon to view the data from Vay) Paint My World completed the following production cost report for its Blending Department for the month of May Click the con to view the assignment of costs. Conversion costs are added evenly throughout eaches. The company use the weighted average method Read the murements Work-le-Process Inventory-Blending Beg Requirements What is the average cost pergatoared out of the Binding Department Packaging Department? Why would the company rers want to know this coul? Die Themen entre nous to the reception transferred out of the trending Department Round your rower to the nearest cont) Ape cont pergo OA Mangers the pergation for real and reporing specially to the ending weary on Ben Sheet O Managers in the colper into a francial reporting to the Cost of Good on the income tenent OG Managers would compare the warge com per gaton against their bud costo do whether the costs of the binding process man under control bugeted costs are higher than the average cost pe gaton then the managers have done a good coming corrosii the budged cos we lower than the actuaverage cost per galon, nanagers wil velgate the reason for higher than expected conforto Negro vero OD. All the towersons why management would be interested in this com per un forgalons completed and restored out to Fred Godstory Choose from any list or enter any number in the routfields and then continue to the next