ol Crafty Paint and packages products Crafty Part two departments Blending and Packaging Direct materials are added at the beginning of the ending process and at the end of the packaging Cralyd en production contrepring Department to the math of May proches from the month of Mayor heldig Opera the con lo view the costs) Click the towe data from May Comedico e added yach. The company wighed med Head the Requirement. Pour les cond the one and thor and the location manding out the landing Departments, prepare the mountry to the cho tego come und and to the package contier and not yet pot od dobisnt the code planimale Bewith the many record the set of deed met eening Department Deco record the animento de tort doction manches with y We will progetto separate the wing Date Accu Crew May 31 - X Data Table ha SS ar Gallons 0 gallons 9,500 gallons 6,000 gallons nel tel 3,500 gallons Beginning Work-in-Process Inventory Started in production Completed and transferred out to Packaging in May Ending Work-in-Process Inventory (30% of the way through the blending process) Costs Beginning Work-in-Process Inventory Costs added during May Direct materials Direct labor 0 5,700 2,085 2004 Manufacturing overhead allocated $ 9,789 Total costs added during May and Print Done i Requirements nt me ria 1. Prepare the journal entries to record the assignment of direct materials and direct labor and the allocation of manufacturing overhead to the Blending Department. Also, prepare the journal entry to record the costs of the gallons completed and transferred out to the Packaging Department. Assume labor costs are accrued and not yet paid. 2. Post the journal entries to the Work-in-Process Inventory-Blending T-account. What is the ending balance? 3. What is the average cost per gallon transferred out of the Blending Department into the Packaging Department? Why would the company managers want to know this cost? Print Done