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mentandovokeretakeAssignmentSession Locator assignment-takeinprogress=false Book Calculat Equivalent units and related costs; cost of production structions Chart of Accounts Cost of Production Report Journal Final Ques Instructions White Diamond Flour Company manufactures flour by a series of three processes, beginning with wheat grain being introduced in the Milling Department. From the Milling Department, the materials pass through the Sifting and Packaging departments, emerging as packaged refined flour The balance in the account Work in Process Sifting Department was as follows on July 1 Work in Process Sifting Department (700 units, 3/5 completed) Direct materials (700 x $235) $1,645 Conversion (700 x 3/5 $0 30) 126 $1.771 The following costs were charged to Work in Process Sitting Department during July Direct materials transferred from Mling Department 15,700 units at $2.45 a unit $38,465 dk My Work 1 more Check My Work uses remaining Instruction Accounts Cost of Production Report Journal Final Questions Instructions Direct materials transferred from Milling Department 15,700 units at $2.45 a unit $38,465 Direct labor 4,480 Factory overhead 1,022 During July, 15,100 units of flour were completed. Work in Process-Sifting Department on July 31 was 1,300 units, 4/5 completed Required: 1. Prepare a cost of production report for the Sitting Department for July. If an amount is zero, enter"O" Round your cost per unit answers to the nearest cent and final answers to the nearest dollar amount 2. Journalize the entries for costs transferred from Miling to Sitting and the costs transferred from Sifting to Packaging Refer to the Charron Accounts for correct wording of account titles. Use the date July 31 for all journal entries 3. Deformine the increase or decrease in the cost per equivalent unit from June to July for direct materials and conversion costs Round your answers to the nearest cent 4. Discuss the uses of the cost of production report and the results of part (3) Check My Work 1 more Check My Work uses remaining, eBook Equivalent units and related costs; cost of production report; entr Instruction Chart of Account Cost of Production Report Journal Final Quotes Instructions Dix motocicli sme Cost of Production Report Units charged to production Inventory in process, July 1 700 Received from Milling Department 15,700 Total units accounted for by the Sifting Department 16,400 Units to be assigned costs: Inventory in process, July 1 (3/5 completed) 700 Started and completed in July Transferred to Packaging Department in July Inventory in process, July 31 (4/5 completed) ariswers to me roures con 4. Discuss the uses of the cost of production report and the results of part (3) Check My Work 1 more Check My Work uses remaining