shows steps and journak entries please

McCallum Tool Company has two departments, assembly and finishing. The assembly department takes purchased parts and assembles the final product. The finishing department performs testing and adds other materials and packages the product. Direct materials are added at the end of the process in the finishing department. The following summarizes the finishing department's operations for the month of July. Required: Calculate each of the following amounts for the finishing department using the welghted-average process costing method, and then prepare the requested journal entries. 1. Equivalent units of transferred-in, direct materials, and conversion 2. Equivalent unit costs for transferred-in costs, direct materials, and conversion. 3. Cost of goods completed and transferred out duning July. 4. Cost of Work-in-process inventory at July 31 . 5. Prepare the joumal entries for direct materials, direct labor, overhead, and finished product for July, assuming that direct labor is 50% of conversion cost. Complete this question by entering your answers in the tabs below. 1. Equivalent units of transferred-in, direct materials, and conversion. 2. Equivalent unit costs for transferred-in costs, direct materials, and conversion. 3. Cost of goods completed and transferred out during July. 4. Cost of Work-in-Process Inventory at July 31. (Round "WTAVG Cost per EU" answers to 2 decimal places. Round other answer values to the nearest whole dollars,) Required: Calculate each of the following amounts for the finishing department using the welghted-average process costing method, and ther prepare the requested journal entries. 1. Equivalent units of transferred-in, direct materlals, and conversion. 2. Equivalent unit costs for transferred-in costs, direct materials, and conversion. 3. Cost of goods completed and transferred out during July. 4. Cost of Work-In-process inventory at July 31. 5. Prepare the journal entries for direct materials, direct labor, overhead, and finished product for July, assuming that direct labor is 50% of conversion cost. Complete this question by entering your answers in the tabs below. 1. Equivalent units of transferred-in, direct materials, and conversion. 2. Equivalent unit costs for transferred-in costs, direct materials, and conversion. 3. Cost of goods completed and transferred out during July, 4. Cost of Work-in-Process Inventory at July 31 . (Round "WTAVG Cost per EU" answers to 2 decimal places, Round other answer values to thie nearest whole dollars.) Show less A 2 Equivalent unit costs for transferred-in costs, direct materials, and comversion. 3. Cost of goods completed and transferred out during July. 4. Cost of Work-in-process inventory ot July 31 5. Prepare the joumal entnes for direct matenais, direct labor, overhead, and finished product for July, assuming that direct labor is 50 s of conversion cost. Complete this question by entering vour answers in the tabs below. Prepare the joumal entries for direct materials, direct labor, overhead, and finished product for July, assuming that direct labor is 50% of conversion cost. (if no entry is required for a transactionvevent, select "No joumal prodict for July, assuming that direct labor Show less a Journal entry worksheet To record direct materials costs added during July. Netht Erter debies before condib. Prepare the journal entries for direct materials, direct labor, overhead, and finished product for July, assuming that direct labor conversion cost. (If no entry is required for a transaction/event, select "No joumal entry required" in the first account field.) Journal entry worksheet To record direct labor costs incurred during July. Note: Enter debits before credits