(17 points each) 26. During February 2022, the cost of direct materials transferred into the assembly department of Oswald Co. was $540,000. Direct labor used in the assembly dept. during February 2012 cost $300,000, and estimated factory overhead cost applied to production in the assembly dept. during February 2022 was $60,000. The assembly dept. had work in process (WIP) Inventory that cost $48,000 at the beginning of February 2022, and finished product costing 780,000 was transferred to the next department, painting, during February 2022. Instructions: i) Complete Journal Entries in parts a, b, and e using the following accounts: WIP Inventory-Assembly, Raw Materials Inventory, Wages Payable, Factory Overhead, and WIP Inventory-Painting ii) Answer d. a) Journal Entry for Direct Materials Cost: b) Journal Entry or entries for Conversion Cost: c) Journal Entry for the cost of finished product transferred to the painting department: d) Calculate the balance in the WIP Inventory-Assembly Account at the end of February 2022. Please indicate "debit" or "credit" with your