Step-by-Step Painting prepares and packages paint products Step-by-Step Painting has two departments Blending and Packaging Direct materials are added at the beginning of the blending process (dyss) and at the end of the packaging process (cans). Data from the month of May for the Blending Department are as follows (Click the icon to view the data from May) Step-by-Step Painting completed the following production cost report for its Blending Department for the month of May (Click the icon to view the assignment of costs) Conversion costs are added evenly throughout each process. The company uses the weighted-everage method Read the me Requirement 1. Prepare the joumal entries to record the assignment of direct maternals and direct labor and the alocation of manufacturing overhead to the Bending Department Also, prepares the journal entry to record the costs of the palone completed and transtered out to the Packaging Department Assume labor costs are accrued and not yet peid. (Recond debits first, then credits Exclude explanations from any journal ent Begin with the summary journal entry to recond the assignment of direct materials and direct labor and the alocation of manufacturing overhead to the Blending Department Date May 31 Accounts Debit Credit Next, prepare the joumal entry to record the costs of the gatone completed and transfeed out to the Packaging Department Date May 31 Accounts Credit