Socks for Everyone manufactures sports socks and uses a process costing system (weighted average method). Data relating to the company's Sewing Department for the month of June is provided below. The beginning inventory consisted of $490 for materials and $700 for conversion costs. Costs added this month were $9,500 for materials and $12,200 for conversion. Required: 1. Complete the Production Report started below. Round all unit costs to two decimal places and all other amounts to the whole dollar Reconcile the total cost. (9 marks) 2. Prepare the journal entry to record the cost of the units completed and transferred to the Packaging Department (2 marks) Paragraph B I UA v + www Units to account for Beginning Work in Process 600 Started into production 8.500 Total units 9,100 Equivalent Units Units accounted for as follows Total Materials Conversion Trancforrod to n