PR 21-3B Equivalent units and related costs; cost of production report; entries objs. 2,3,4 ning with wheat grompany manufactures flour by a series of three processes, beginDepartment, the materials pass thoduced in the Milling Department. From the Milling ing as packaged refined flour. The balance in the flour. on August 1, 2010: 2. Transferred to Packaging Dept. $1,000,460 NEL The following costs were charged to Work in Process-Sifting Department during August: During August, 323,000 units of flour were completed. Work in Process-Sifting Department on August 31 was 9,000 units, 4/5 completed. Instructions 1. Prepare a cost of production report for the Sifting Department for August. 2. Journalize the entries for costs transferred from Milling to Sifting and the costs transferred from Sifting to Packaging. 3. Determine the increase or decrease in the cost per equivalent unit from July to August for direct materials and conversion costs. 4. Discuss the uses of the cost of production report and the results of part (3)