Data table Cid OURM Reference M lad Help me so th Video Get more p 2 -x Requirements P Don Data table Units in beginning Work in Process (WIP) inventory Units started during the month (all direct materials, including cream and salt, are added at the beginning of the churning process) Units in ending Work in Process (WIP) inventory (50% of the way through the process) Cost information is as follows: WIP Churning Department balance as of January 1: Direct material cost included in beginning WIP balance Conversion cost included in beginning WIP balance Beginning balance, WIP, January 1 Manufacturing costs incurred during January: Direct materials used Direct labor Manufacturing overhead Total manufacturing costs entered into production during January S EA 6 85,000 units 1,700,000 units 170,000 units 125,650 29,000 154,650 1,820,000 8,000 575,000 2,403,000 Reference Flow of Production Organic Dairy Churning Department Month Ended January 31 Production Cost Report Flow of Physical Equivalent Units Conversion Direct Units Materials Costs Units to account for: Beginning work in process, January 1 85,000 1,700,000 Plus: Started in production during January 1,785.000 Total physical units to account for Units accounted for: Completed and transferred out 1.615,000 1,615,000 1,615,000 170,000 170,000 85,000 Plus Ending work in process, January 31 1,785,000 Total physical units accounted for 1,785,000 1,700,000 Total equivalent units Direct Conversion Total Costs to Account for and Cost per Equivalent Unit Materials Costs Beginning work in process $ 125,650 $ 29.000 Plus: Costs added during January 1,820,000 583,000 Total costs to account for 1,945,650 612,000 Divided by: Total equivalent units 1,785,000 1,700,000 $ 1.09 S 0.36 Cost per equivalent unit Assignment of total costs: Completed and transferred out: X Direct Conversion Materials Costs Total Equivalent units completed and transferred out Multiplied by Cost per equivalent unit 1,615,000 1,615,000 $ 1.09 $ 0.36 Costs assigned to units completed and transferred out $ 1,760,350 $ 581,400 $ 2,341,750 Ending work in process: Equivalent units in ending work in process, January 31 170,000 85,000 $ 1.09 $ 0.36 Multiplied by: Cost per equivalent unit Costs assigned to units in ending work in process, January 31 S 185,300 $ 30,600 215,900 $ 2,557,650 Total costs accounted for Organic Dairy produces an organic butter that is sold by the pound. The production of the butter begins in the Churning Department. Organic Dairy's Data for the Churning Department for January follows (Click the icon to view the data from January)) Organic Dairy prepared the following production cost report for January for the Churning Department (Click the icon to view the January production cost report) Read the requirements Requirement 1. What joumal entry(s) would have been made during the month to record manufacturing costs? (Use Wages Payable as the credit for the direct labor costs) (Record debits first, then creditm entries) Date Journal Entry Accounts Debit Credit Requirements 1. What journal entry(s) would have been made during the month to record manufacturing costs? (Use Wages Payable as the credit for the direct labor costs) 2. What journal entry is needed at the end of the month to transfer the cost of the butter out of the Churning Department and into the next department. the Forming Department? 3. Post the journal entries to the "Work in Process Inventory - Chuming Department T-account Print Done - X