Instructions White Diamond Four Company manufactures four by a series of three processes, beginning with whoat grain being introduced in the Milling Department. From the Miling Department, the materials pass through the Sitting and Packaging departments, emerging as packaged refined four. The balance in the account Work In Process-Sitting Department was as follows on July 1: Work in Prooss-Sitting Department (800 units, 3/5 completed): Direct materials (800 $225) $1,800 Conversion (800 * 3/5 $0.40) 192 $1,992 The following costs were charged to Work in Prooss-Sitting Department during July: Direct materials transferred from Miling Department 16,400 units at $2.35 a unit $38,540 Direct labor 4,480 Factory overhead 2.945 Direct materials transferred from Milling Department 16,400 units at $2.35 a unit $38,540 Direct labor 4,480 Factory overhead 2,946 During July 16,100 units of flour were completed. Work in Process-Sifting Department on July 31 was 1,100 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 cont and final answers to the nearest dollar amount 2. Joumalize the entries for costs transferred from Milling to sing and the costs transferred from Setting to Packaging. Peter to the chart or accounts for the exact wording of the account ites. CNOW journals do not use lines for spaces or journal explanations. Every Nine on a journal page is used for debit or credit entries. Do not add explanations or skip a line between Journal entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. Use the date July 31 for all joumal entries. 3. Determine the increase or decrease in the cost per entent unit from Juna 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)