Fast Company produces its product through two processing departments: Cutting and Assembly. Information for the Cutting department follows. Required: 1. Prepare the Cutting department's production cost report for October using the weighted average method. 2. Prepare the October 31 journal entry to transfer the cost of completed units from cutting to Assembly. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the Cutting department's production cost report for October using the weighted average method. (Round "Cost per Eup" to 2 decimal places.) FAST COMPANY-Cutting Department Production Cost Report - Weighted Average Methed For Month Endedthctober 31 Unit reconciliation: Units to account for: Equivalent units of production (EUP) Equivalent Unitis of Production Direct Materials Cost per equivalent unit of production Tolal costs. - Equivalent unis of production Converaion Complete this question by entering your answers in the tabs below. Prepare the October 31 journal entry to transfer the cost of completed units from cutting to Assembly. Journal entry worksheet Record the transfer of qoods to next department. Note: Enter debils before credits