Prepare the Cutting department's production cost report for October using the weighted average method. (Round "Cost per EUp" to 2 decim Prepare the October 31 journal entry to transfer the cost of completed units from cutting to Assembly. Journal entry worksheet Record the transfer of goods to next department. Notet Einter debits before credas. Fast Company produces its product through two processing departments: Cutting and Assembly. Information for the Cutting department follows. Required: 1. Prepare the Cutting department's production cost report for October using the weighted average method. 2. Prepare the October 31 journal entry to transfer the cost of completed units from cutting to Assembly