White Diamond Flour Company manufactures flour by a series of three processes, be wheat grain being introduced in the Milling Department. From the Milling Department, the pass through the Sifting and Packaging departments, emerging as packaged refined for The balance in the account Work in Process Sifting Department was as follows on July 884 Chapter 17 Process Cost Systems O2 PR 17-3A Equivalent units and related costs, cost of production report; entries 2. Transferred to Packaging Dept., $40,183 EXCEL TEMPLATE Work in Process-Sifting Department 1900 units, completed): Direct materials (900 x 52.05) $1,845 216 Conversion (900 x x $0.40) $2,061 The following costs were charged to Work in Process-Sifting Department during the Direct materials transferred from Milling Department: 15,700 units at $2.15 a unit $33.755 Direct labor 4420 Factory overhead 2,708 During July, 15,500 units of four were completed. Work in Process-Sifting Depornton Juhy was 1,100 units, completed. Instructions 1. Prepare a cost of production report for the Sifting Department for July. 2. Journalize the entries for costs transferred from Milling to sifting and the costs transfermek from Sifting to Packaging. 3. Determine the increase or decrease in the cost per equivalent unit from June to July for den materials and conversion costs. Discuss the uses of the cost of production report and the results of part (0)