Hound Havens produces plastic doghouses as part of a continuous process through two departments: Molding and Finishing. Direct materials and conversion are added throughout the month in both departments, but at different rates. The information presented was compilled at the end of April. Molding Finishing Department Department Beginning Inventories (on April 1): Physical units in production carried forvard from March 31 Costs: 2,880 5,800 Transferred Molding costs carried forward from March 31 Direct materials costs carried forward from March 33 Conversion costs carried forward from Narch 31 $ 33,340 11,180 s 125,ee0 15,ee0 6,eee Current Production (in April): Units started during April Units in ending inventories as of April 3e Costs: ces 48,200 3,480 2,9ee Molding costs transferred to Finishing during Apri Direct naterials costs incurred in Apri1 669,200496,09 147,600 Conversion costs incurred in Apri 21,840 Percentage of Completioni Inventories with respect to direct materials on April Inventories with respect to conversion on April Inventories with respect to direct materials on April 3 Inventories with respect to conversion on April se 98% 30 se% 2e 30% 40 25% 3e Required a. Complete the following requirements for the Molding Department. 1. Prepare a schedule showing units started and completed in the Molding Department during April. 2. Compute the equivalent units of direct materials and conversion for the Molding Department in April. 3. Determine the cost per equivalent unit of input resource for the Molding Department during April 4. Prepare the summary journal entry required to transfer units from the Molding Department to the Finishing Department during April. 5. Compute the costs assigned to ending inventory in the Molding Department on April 30 b. Complete the following requirements for the Finishing Department. 1 Prepare a schedule showing units started and completed in the Finishing Department during April. 2. Compute the equivalent units of direct materials and conversion for the Finishing Department in April. Direct materials include both those transferred in from the Molding Department and those added by the Finishing Department 3. Determine the cost per equivalent unit of input resource for the Finishing Department during April 4. Prepare the summary journal entry required to transfer units from the Finishing Department to Finished Goods Inventory during April. 5. Compute the costs assigned to ending inventory in the Finishing Department on April 30 ReqA Req A2 Req A3 Req 4 Req AS Reg B Req B2 Req 83Req B4 Req B5 Prepare a schedule showing units started and completed in the Molding Department during April. (Amounts to be deducted should be indicated with a minus sign.) Flow of physical units: Molding Department Units in process during April Units transferred to finishing department in April Units started and completed in Apri Complete this question by entering your answers in the tabs below. Reg A1 Reg A2 Req A3 ReqA4 Reg A5Req B1Reg B2 Reg 83 Reg B4 Req B5 Compute the equivalent units of direct materials and conversion for the Molding Department in April. Equivalent Units Direct materials Conversion Prepare the summary journal entry required to transfer units from the Finishing Department to Finished crods Inventory during Apri. ( no entry is required for a transaction/event, select"No journal entry required in the first account field.) View transaction list Journal entry worksheet Record the transfer of units to the Finished Goods Inventory in April. Note: Enter debits before credits Debit Credit Journal entry worksheet Record the transfer of units to the Finished Goods Inventory in April. ok Note: Enter debits before credits. nt nsaction General Journal Debit Cre dit ences Record entry Clear entry View general journal 5. Compute the costs assigned to ending inventory in the Finishing Department on April 30 Complete this question by entering your answers in the tabs below. nts Req A1 Req A2Req A3Req A4 Req AS Req B1 Req 82 Req B3 Rq B4 Req BS eBook Compute the costs assigned to ending inventory in the Finishing Department on April 30 Print C Req B