Fast Company produces its product through two processing departments: Cutting and Assembly. Information for the Cutting department follows. Beginning work in process inventory Units started this period Units 32,500 Direct Materials Percent Complete Conversion Percent Complete 145,000 Units completed and transferred out 155,000 Ending work in process inventory 22,500 100% 80% Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for $ 18,600 70,700 $ 89,300 141,150 915,400 1,056,550 $ 1,145,850 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. Note: Round "Cost per EUP" to 2 decimal places. FAST COMPANY-Cutting Department Production Cost Report-Weighted Average Method For Month Ended October 31 Unit reconciliation: Units to account for: Units to account for Total units accounted for: Total units accounted for Equivalent units of production (EUP) Equivalent Units of Production Cost per equivalent unit of production Total costs - Equivalent units of production Cost per equivalent unit of production Cost Assignment Completed and transferred out Direct materials Conversion Ending work in process Direct materials Conversion Total costs accounted for Direct Materials Units % Complete Costs EUP Conversion EUP % Complete EUP Direct Materials Conversion Costs EUP 0 0 EUP Cost per EUP Total cost $ 0.00 $ 0 $ 0.00 0