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Present Oriole's WIP Inventory-Canning T-account for the period, showing all debits and credits that would have existed or would have been recorded in the account in March, and determine its ending balance. Oriole Paints makes various interior and exterior paints for its customers, but its current focus is on its top-selling interior brand. Oriole produces the paint in its mixing department and then transfers the paint to the canning department. The following information is presented for the canning department in March, recognizing that the company adds its conversion costs evenly throughout the process. One unit is one gallon of paint. Record the journal entry for each of the following transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) 1. Transfer of paint into the canning process in March. 2. Completion of canning of 46,500 gallons of paint in March. For the units completed in March, what was the final cost per gallon? (Round answer to 2 decimal places, e.g. 15.25.) The cost per gallon $ Present Oriole's WIP Inventory-Canning T-account for the period, showing all debits and credits that would have existed or would have been recorded in the account in March, and determine its ending balance. Complete Steps 1-5 of the template for the canning department of Oriole Paints this year using the FIFO method of process costing, clearly labeling the following. (Round cost per equivalent unit answers to 2 decimal places, e.g. 15.25.) - Equivalent units of production for all three cost categories: transferred-in, DM, and conversion costs. - The cost per equivalent unit for all three cost categories: transferred-in, DM, and conversion costs. - The total cost of units completed and the total cost of units in ending WIP Inventory

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