Jigsaw Puzzle Company produces puzzles in small batches. The company uses operation costing and manufactures their puzzles in four operations. In the Cutting operation, the puzzles are cut to correct sizes of pieces. In Finishing, the edges are smoothed to ensure a good fit. In Laminating, the puzzles are covered with a protective coating to protect the colored ink. In Packaging, the puzzles are inspected and packaged. Not all puzzles go through Laminating. During February of the current year, the following conversion costs will be incurred by the company: Finishing Cutting Laminating Packaging $14,000 $28,000 $104,000 $65,100 $14,000 Jigsaw Puzzle Company computes conversion cost rates per puzzle each month. In February, the company will manufacture 25000 puzzles, 1000 of which will not go through Laminating. Details of two work orders for February are as follows: # of puzzles Direct Materials WO#104 2,000 $48,500 3,000 3,000 $76,000 Yes Laminating? No REQUIRED: 1. Compute the Conversion Cost allocation rates per puzzle for February. 2. Calculate the total costs and the costs per puzzle for each of the two work orders. 3. Journalize WO#104 from start to finish. Assume all direct materials are added at the start of the Cutting operation.