Muskoge Company uses a process costing system. The company manufactures a product that is processed in two departments: Molding and Assembly. In the Molding Department, materials are added at the beginning of the process; in the Assembly Department, additional materials are added at the end of the process. In both departments, conversion costs are incurred uniformly throughout the process. As work is completed, it is transferred out. The following summarizes the production activity and costs for February: PART 2 Functional-Based Costing and Control Required: 1. Using the weighted average mthod, prepare the followitig for the Molding Department: a. A physical flow schedule b. An equivalent units calculation c. CCalculation of unit costs. d. Cost-of ending work in process pand cost of goods transfetred out 2. Prepare journal enitries that show the flow of manufacturing costs for the Molding Departinerit. Muskoge Company uses a process costing system. The company manufactures a product that is processed in two departments: Molding and Assembly. In the Molding Department, materials are added at the beginning of the process; in the Assembly Department, additional materials are added at the end of the process. In both departments, conversion costs are incurred uniformly throughout the process. As work is completed, it is transferred out. The following summarizes the production activity and costs for February: PART 2 Functional-Based Costing and Control Required: 1. Using the weighted average mthod, prepare the followitig for the Molding Department: a. A physical flow schedule b. An equivalent units calculation c. CCalculation of unit costs. d. Cost-of ending work in process pand cost of goods transfetred out 2. Prepare journal enitries that show the flow of manufacturing costs for the Molding Departinerit