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Prepare an Input Section based on the information given above relating to the. Assembly Dept.

On a separate sheet, prepare a Production Report for the Assembly Department (Weighted Average Method) for the month ended October 31, 2016.

On a separate sheet, prepare journal entries in General Journal format that references from the Production Report or Input Section for October for the Assembly Department

On the same sheet as part 3, Prepare a T-account for Work-in-Process for the Assembly Department that references amounts from items 1-3 and calculates the ending balance at October.

Repeat Items 2, 3, and 4 except using the FIFO method.

COST AND MANAGEMENT ACCOUNTING 1 ASSIGNMENT #2 Marco Corporation manufactures car seats in its Kingston plant. Each car seat passes through the Assembly Dept. and then the Testing Dept. Direct materials are added at the beginning of the process whereas conversion costs are incurred uniformly during the process. All units are transferred to the Testing Dept. upon completion. Data for the month ended, October 31, 2016 is given below: Physical units DM WIP, beginning 10,000 $5,000,000 Started in month 40,000 Completed in month ? WIP, ending 5,000 Costs added in month $9,000,000 WIP, beginning WIP, ending % complete ? ? CC $805,500 $4,675,000 % complete 60% 70% Required: 1. Prepare an Input Section based on the information given above relating to the. Assembly Dept. 2. On a separate sheet, prepare a Production Report for the Assembly Department (Weighted Average Method) for the month ended October 31, 2016. 3. On a separate sheet, prepare journal entries in General Journal format that references from the Production Report or Input Section for October for the Assembly Department 4. On the same sheet as part 3, Prepare a T-account for Work-in-Process for the Assembly Department that references amounts from items 1-3 and calculates the ending balance at October. 5. Repeat Items 2, 3, and 4 except using the FIFO method