Nader Paints makes an environmentally sound paint that goes through 3 process. The following data is available for Process 1 for the month of April: Beginning WIP inventory, April Direct materials Conversion costs Units started in April Units % Complete 11,000 6,000 Costs incurred in April: Direct materials Conversion costs Costs 75% $3,200 70% $1,450 Ending WIP inventory 3,000 Direct materials 80% Conversion costs 60% Spoilage Direct materials Conversion costs 200 70% 35% Required: $16,000 $15,800 a. Prepare a production cost report for Process 1 using weighted-average costing. b. What journal entry would be made after preparing the production cost report for process 1?