Publishers, Inc., has two departments; printing and binding. Each department has one direct-cost category (direct materials) and one indirect-cost category (conversion costs). This problem focuses on the binding department. Books that have undergone the printing process are immediately transferred to the binding department. Direct material is added when the binding process is 70% complete. Conversion costs are added evenly during binding operations. When those operations are done, the books are immediately transferred to Finishes Goods. Publishers, Inc., uses the weighted-average method of process costing. The following is a summary of the April 2014 operations of the binding department.

	Physical units (books)	Transferred-in costs	Direct materials	Conversion costs
Beginning work in process	1,260	$39,060	$0	$16,380
Degree of completion, beginning work in process		100%	0%	50%
Transferred in during April 2014	2,880
Completed and transferred out during April	3,240
Ending work in process (April30)	900
Degree of completion,endin work in process		100%	0%	70%
Total costs added during April		$155,520	$28,188	$84,240

1.)Summarize total binding department costs forApril 2014,and assign these costs to units completed (and transferred out) and to units in ending work in process.

2.) Prepare journal entries for April transfers from the printing department to the binding department and from the binding department to Finished Goods.

(SHOW ALL YOUR WORK)