P20-39B Preparing production cost report, second department with beginning a Learni -VIP; journal entries Carrie Carpet manufactures broadloom carpet in seven processes: spinning, dyeing, plying, spooling, tufting, latexing, and shearing. In the Dyeing Department, direct materials (dye) are added at the beginning of the process. Conversion costs are incurred evenly throughout the process. Information for July 2016 follows: 1. Cost UNITS Beginning Work-in-Process Inventory Transferred in from Spinning Department during July Completed during July Ending Work-in-Process Inventory (80% complete for 75 rolls 560 rolls 500 rolls 135 rolls conversion work) COSTS Begimning Work-in-Process nventon transferedin costs, s4.400 materials costs, $1,575; conversion costs, $5,199) Transferred in from Spinning Department Materials costs added during July Conversion costs added during July (manufacturing wages, $8,445; manufacturing overhead allocated, $43,508) 11,174 21,000 11,760 51,953 Requirements 1. Prepare a production cost report for Carrie's Dyeing Department for July. 2. Journalize all transactions affecting Carrie's Dyeing Department during July