Hattiesburg Manufacturing Company The company manufactures one product. The company uses process costing (weighed average approach). The manufacturing process involves two production departments: Assembly, Finishing. Within the production sequence, Assembly is the first department while Finishing is the second department. This problem focuses on the Finishing Department. In this department, all manufacturing costs are incurred evenly throughout the production process. For June, for the Finishing Department, beginning W-I-P consisted of 3,000 physical units that were 20% complete regarding production effort in the Finishing Dept. The costs assigned to beginning W-I-P: $ 14,500 Assembly Dept. costs 3.906 Finishing Dept. costs $ 18,406 Total During June, 7.000 units were transferred into Finishing Dept. from the Assembly Dept. with a transferred-in cost of $32,900. During June, the Finishing Dept. incurred manufacturing costs of $74.340. During the month, the Finishing Dept. completed and sold 9,000 units for $20 per unit. For June, for Finishing Dept., ending W-I-P consisted of 1,000 units that were 45% complete regarding manufacturing effort in the Finishing Dept. Required (1) Calculate cost per equivalent unit for June for Finishing Dept. Also determine value of ending W-I-P and cost of goods sold. (2) Provide all journal entries for the Finishing Dept for June. To simplify, assume that the costs incurred in Finishing Dept. during June ($74,340) consist of direct labor only