please answer fully.

M Ceramic Painting prepares and packages paint products. Ceramic Painting has two departments: Blending and Packaging Direct materials are added at the beginning of the blending process (dyes) and at the end of the packaging process ant (cans). Data from the month of May for the Blending Department are as follows: Click the icon to view the data from May.) Hon Ceramic Painting completed the following production cost report for its Blending Department for the month of May (Click the icon to view the assignment of costs.) Conversion costs are added evenly throughout each process. The company uses the weighted-average method. Read the requirements ce a Requirement 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. (Record debits first, then credits. Exclude explanations from any journal entries.) Begin with the journal entry to record the assignment of direct materials to the Blending Department. Do not record the assignment of direct labor or the allocation of manufacturing overhead with this entry. We will prepare those entries separately in the following steps. Date Accounts Debit Credit May 31 Part 1 of 7 O Points: 0 of 4 - Data table 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) O gallons 6,600 gallons 4,400 gallons 2,200 gallons Costs $ 0 Beginning Work-in-Process Inventory Costs added during May: 4,620 Direct materials Direct labor 2,500 1,548 Manufacturing overhead allocated $ 8,668 Total costs added during May Print Done eference Ceramic Painting Production Cost Report - Blending Department (Partial) Month Ended May 31 Direct Conversion Materials Costs Total COSTS Costs Costs to account for: Beginning work-in-process $ 0 $ 0 0 $ 4,620 4,048 8,668 Costs added during the period Total costs to account for 8,668 4,620 6,600 4,048 5,060 Divided by: Total EUP $ $ 0.70 $ 0.80 Cost per equivalent unit Costs accounted for: Completed and transferred out Ending work-in-process 3,080 $ 1,540 3,520 $ 528 6,600 2,068 4,620 $ 4,048 $ 8,668 Total costs accounted for Print Done ges paint products. Ceramic Painting has ging. Direct materials are added at the bland at the end of the packaging process Ceramic Painting completed the following product Blending Department for the month of May: AU of costs hout ea - Requirements bd. pring or Int. Asse 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? rect lab Print Done