Draw the WIP process T accounts for the two departments, mixing and baking, and show the cost flow from one to the other (do this for both methods 4 T accounts) and do the journal entry transferring costs from one process to the next under both methods.

Weighted average method

category	Total units	Equivalent units
		Direct meterial	Convertion
products completed During the month	240,000+31,000-21,000 =250,000	250,000	250,000
Ending work in process	21,000	6,300	12,600
Equivalent cost per unit
	Total cost	Equivalent units	Equivalent cost per unit
Direct meterial	1,250,000+135,000=1,385,000	256,300	5.404
Convertion	210,000+48,000+586,000 =844,000	262,600	3.214
Total cost of each category
	Direct meterials	convertion	total
Products completed in the month	5.404*250,000=1,351,000	3.214*250,000=803,500	2,154,500
Ending WIP	6300*5.404=34,045.2	12,600*3.214=40,496.4	74,541..6

FIFO method

category	Total units	Equivalent Units
		Direct meterial	Convertion Cost
Begining Work in process	31,000	12,400 (remaining 40%)	18,600 (remaining 60%)
Units started and completed	240,000-21,000 219,000	219,000	219,000
Ending Work in process	21,000	6,300 (30% completed)	12,600 (60% completed)
Total		237,700	250,200
Equivalent cost per unit
	total cost	Equivalent units	Equivalent cost per unt
direct meterial	1,250,000	237,700	5.26
convertion	634,000	250,200	2.534
Total cost of each category
	Direct meterials	convertion cost	total
Begining work in process comleted in may	135,000+(5.26*12,400) =200,224	210,000(18,600*2.534) =257,132.4	457,356.4
Started and completed	219,000*5.26=1,151,940	219,000*2.534=554,946	1,706,886
Ending Work in process	6,300*5.26=33,138	12,600*2.534=31,928.4	65,066.4