Smithson Winery in Pleasant Valley, New York, has two departments: Fermenting and Packaging. Direct materials are added at the beginning of the fermenting process (grapes)Department for the month of March: and at the end of the packaging process (bottles),. Data from the month of March for the(Click the icon to view the production cost report) Fermenting Department are as follows: Smithson Winery completed the following production cost report for its Fermenting Conversion costs are added evenly throughout each process. The company uses the weighted-average method. Read the requirements (Click the icon to view the data from March.) Requirement 1. Prepare the journal entries to record the assignment of direct materials and direct labor and the allocation of manufacturing overhead to the Fermenting Department. Assume labor costs are accrued and not yet paid. Also prepare the journal entry to record the cost of the gallons completed and transferred out to the Packaging Department. Begin with the summary journal entry to record the assignment of direct materials and direct labor and the allocation of manufacturing overhead to the Fermenting Department. (Prepare a single compound journal entry. Record debits first, then credits. Exclude explanations from any journal entries.) Date Accounts Debit Credit Mar. 31