rizing the units to account for and computing the equivalent units. More Info Di Mat The Forming Department had 10,350 partially complete units in beginning work in process inventory. The department started work on 76,250 units during the month and ended the month with 8,600 units still in work in process. These unfinished units were 60% complete as to direct materials but 20% complete as to conversion work. The beginning balance of $26,482 consisted of $21,470 of direct materials and $5,012 of conversion costs. Print Done This Question: 8 pts 4 of 21 (19 com The following information was taken from the ledger of Richmond Foundry: Click the icon to view the data from October.) (Click the icon for additional information.) Requirement Journalize the transfer of costs to the Finishing Department. (Hint: Complete the five-step process costing procedure to determine Units to account for: Units accounted for: Total equivalent units The next step is calculating the cost per equivalent unit. (Enter the cost per equivalent unit to two decimal places.) Requirement Journalize the transfer of costs to the Finishing Department. (Hint: Complete the five-step process costing procedure to determine how Forming Department Cost per Equivalent Unit Month Ended October 31 Direct Conversion Materials Costs Cost per equivalent unit Total costs accounted for Finally, journalize the transfer of costs to the Finishing Department. (Record debits first, then credits. Exclude explanations fr Journal Entry Ace 73 Date O Debit SI Credit TL LLL JUN