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please fast ZanyBrainy Corporation manufactures interlocking children's blocks. Below is information for the first manufacturing department for the month of October. Direct materials are added

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ZanyBrainy Corporation manufactures interlocking children's blocks. Below is information for the first manufacturing department for the month of October. Direct materials are added at the beginning of the process and conversion costs are added equally throughout the process. The company uses the weighted average method to account for beginning WIP inventory. Units Work in Process 10/1/20 #12,000 Units started in process in October #48,000 Completed and transferred out during October #55,000 Work in Process 10/31/20 (30% complete) #5,000 Total Costs for October Work in Process 10/1/31 Direct Materials Conversion Costs $5,760 $14,825 Costs Added in October Direct Materials Conversion Costs $25,440 $58,625 Required: 1. Prepare a Cost of Production Report for the first department for October 2. Prepare the 10/31/20 journal entry to record the costs being transferred out of the first into the second department

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