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Please answer all requirements McCallum Tool Company has two departments, assembly and finishing. The assembly department takes purchased parts and assembles the final product. The

Please answer all requirements
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McCallum Tool Company has two departments, assembly and finishing. The assembly department takes purchased parts and assembles the final product. The finishing department performs testing and adds other materials and packages the product. Direct materials are added at the end of the process in the finishing department. The following summarizes the finishing department's operations for the month of July. Required: Calculate each of the following amounts for the finishing department using the weighted-average process costing method, and then prepare the requested journal entries 1. Equivalent units of transferredin, direct materials, and conversion 2. Equivalent unit costs for transferred-in costs, direct materials, and conversion 3. Cost of goods completed and transferred out during July. 4. Cost of Workin-process inventory at July 31. 5 Prepare the journal entries for difect materiais, direct labor, overhead, and finished product for July, assuming that direct labor is 50% of conversion cost Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. 1. Equivalent units of transferred-in, direct materials, and conversion. 2. Equivalent unit costs for transferred-in costs, direct materials, and conversion. 3. Cost of goods completed and transferred out during July. 4. Cost of Work-in-Process Inventory at July 31. (Round "WTAVG Cost per EU" answers to 2 decimal places. Round other answer values to the Prepare the journal entries for direct materials, direct labor, overhead, and fini conversion cost. (If no entry is required for a transaction/event, select "No jou A To record direct materials costs added during July. B To record direct labor costs incurred during July. C To record the application of factory overhead to departments. D To record the weighted-average cost of goods completed in the finishing department. Note : = journal entry has been entered Journal entry worksheet To record direct materials costs added during July. Note: Enter debits before credits

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