Login Home Paint produces paints and sells them in gallons. The company manufactures the paintings in two production departments. 1. FAB BASE AND 2. FINISHING. White paint is the basis of all the company's paintings. It is mixed in the FAB Base Department, with raw material ingredients. Then pigmentation isadded to the white base and the colors are obtained later packaged in gallons. Finally the gallons are labeled and packed in the finishing Department: In addition, the company led to the following 1.Request by raw material requisition for use in production in both departments. Base Dept $851,000. Finishing $629,000 2. Icurri en direct Labor costs. BD $330,000, Finishing Dept: $270,000 3. Aplica MHOV Base Dept 665,000. Finishing Dept 405,000 4. Tranfiere BD to FD white paint base, $1,850,000 I. 5. Transfer finished and ready-to-order paints from FD to Finished Goods, $3,200,000 required a. Prepare the jornal entries to record transactions b. Post the jornal entries to the T-account for Raw Materials, WP - Base Dept, WP-FD, MOVH, Finidhed Goods, WP - Base DEp has an initial balance of $150,000 WP-FD- has an initial balance of 70,000 C. Determine the final balance sheets for Inventory accounts d. Prepare the cost reconciliation report