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Muskoge Company uses a process-costing system. The company manufoctures a product that is processed in two departments: Molding and Assembly. In the Molding Department, direct materials are ndded at the beginning of the process; in the Assembly Department, additional direct materials are added at the end of the process, In both departments, corversion costs are incurred uniformly throughout the process. As work is completed, it is transferred out. The following table summarizes the production activity and costs for February: 1. Using the weighted average method, prepare the following for the Molding Department: a. A physical flow schedule b. An equivalent units calculation c. Calculation of unit costs, Round your intermediate computations and final answer to four decimal places. 1 per unit d. Calculare the cost of enoing work in process and cost of goods transferred out. Round your answers to the nearest dollar d. Calculate the cost of ending work in process and cost of goods transferred out. Round your answers to the nearest doltar. Cost of ending work in process: 1 Cost of goods transferred out: $ e. A cost reconcliation. When required, round your answers to the nearest dollar. 2. Prepare journal entries that show the fow of manufacturing costs for the Molding Department. (a) Materials are added at the beginning of the process, ( b ) conversion costs are recorded, and (c) units are transferred to the Assembly Department. When required, round your answers to the nearest dollar. 3. Repeat Requirements 1 and 2 for the Assembly Department. a. A physical fiow schedule: Assembly Department, Physical flow schedule: b. An equivalent units calculation c. Calculate the total unit costs. Round your intermediate computations and final answer to four decimal places. pertunit d. Colculate the cost of ending work in process and cost of poods transferred out. Round your answers to the nearest dollar. Cost of ending work in process: s d. Calculate the cost of ending work in process and cost of goods transferred out. Round your answers to the nearest doliar. Cost of ending work in processus Cost of goods transferred out: $ - A cost recancilistion, If requlred, round your answers to the nearest dollar. Note: Cost reconciliation totals differ due to rounding error. Prepare journal entries that show the flow of manufacturing costs for the Assembly Department (a) Materials are added at the end of the process, (b) conversion costs are recorded, and (c) the units are transferred to Finished Goods

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