Requirement 1. Prepare a production con report for January for the Churning Department Prepare a production cost report for the Churning Department, one section me (For entries with a 50 ance, make sure to one on the appropriate) Hound cooperant amounts to the consxxx) Organic Dairy Churning Department Month Ended January 31 Production Cost Report Flow of Equivalent Units Physical Dec Conversion Flow of Production Units Materials Costs Units to account for Totalcars to count for Units accounted for Total physical units accounted for Total equivalent Total Costs to Account for and Cost per Equivalent Unit Materials Costs Total costs to account for Cost per equivalent unit Direct Conversion Costs Materials Total Assignment of total costs: Completed and transferred out: Costs assigned to units completed and transferred out Ending work in process: Costs assigned to units in ending work in process, January 31 Totalents accounted for Requirement 2. How much did it cost to make ono pound of butter in the Churning Departement? (Round all amounts to the nearest cent, sx XX) Direct material cool Conversion cost Total cost Requirement 3. How much did it cost to make a partially completed pound of butter in the Churning Department? Does this make sense? Why or why not? How much did it cost to make a partially completed pound of butter in the Churning Department? (Round all amounts to the nearent con, $XXX) Direct material cost Conversion cool Total cost Does this make senso? Why or why not? because of the Thave not yet beon added Choose from any list or enter any number in the input fields and then continue to the next question i Data Table - 80,000 units 1,800,000 units 240,000 units Units in beginning Work in Process (WIP) inventory Units started during the month (all direct materials, including cream and salt, are added at the beginning of the churing process) Units in ending Work in Process (WIP) inventory (50% of the way through the process) Cost information is as follows: WIP Churning Department balance as of January 1: Direct material cost included in beginning WIP balance Conversion cost included in beginning WIP balance 649,600 185,400 $ 835,000 Beginning balance, WIP, January 1 Manufacturing costs incurred during January: Direct materials used Direct labor $ 1,550,000 9,000 580,000 Manufacturing overhead Total manufacturing costs entered into production during January $ 2,139,000 Print Done