HELP PLEASE

White Diamond Four Company marutactures four by a series of three processes, beginning with wheat grain being introduced in the Miling Department. From the Miling Department, the material pass through the Sitting and Packaging departments, emerging as packaged refined flour The balance in the account Work in Process-Sitting Department was as follows on July 1: Work in Process-Sitting Department (800 units, 3/5 completed) Direct materials (900 $205) $1,845 Conversion (900 x 35 * $0.40) 216 $2,061 The following costs were charged to Work in Process-Sitting Department during July: Direct materials transferred from Milling Department: 15,700 units at $2.15 a unit $33,755 Direct labor 4420 Direct materials transferred from Miling Department: 15,700 units at $2.15 a unit $33,755 Direct labor 4,420 Factory overhead 2,708 During July 15,500 units of flour were completed. Work in Process-Sitting Department on July 31 was 1,100 units, 475 completed. Required: 1. Prepare a cost of production report for the Siming Department for July. I an amount is zero, enter "o". Round your cost per unit answers to the nearest cent 2 Joumalize the entries for costs transferred from Miling to Sitting and the costs transferred from Sifting to Packaging. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for spaces or journal explanations. Every line on a journal page is used for debit or credit entries. Do not add explanations or skip a line betwoon Journal entries. CNOW Journals will automatically indent a credit entry when a credit amount is entered. Use the date July 31 for all journal entries. 3. Determine 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) Jon Repon For the Month Ended July 31 Equivalent Units UNITS Whole Units Direct Materials Conversion Units charged to production: Inventory in process, July 1 Received from Milling Department Total units accounted for by the Sitting Department Units to be assigned costs: Inventory. in process, July 1 (3/5 completed) Started and completed in July Transferred to Packaging Department in July Inventory in process, July 31 (4/5 completed) Total units to be assigned costs mes. WOUTERS wo automatically indent a credit onty when a credit amount is entered. Use the date sy 31 for at journal entries. TOR Question not attempted. PAGE 19 JOURNAL Score: 0V/51 ACCOUNTING EQUANON DATE DESCRIPTION POST RET DERIT CREDIT ASSETS 1 LIABILITIES EQUITY 2 Points 0/10 Feedback Suces have feedback 3. Determine 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 Direct materials: Conversion: $ Points: 074 4. Discuss the uses of the cost of production report and the results of part (3). The cost of production report may be used as the basis for allocating product costs between report can also be used to control costs by holding each department head responsible for the units entering production and the costs incurred in the department Any differences in unit product costs from one month to another, such as those in part (3), can be studied carefully and any significant differences investigated. and The